Capital Gearing Trust plc

    To:                   PR Newswire

    From:              Capital Gearing Trust P.l.c.

    Date:               29 January 2016

    ISSUE OF EQUITY

    On 29 January 2016 Capital Gearing Trust P.l.c. (the "Company") issued 23,000
    Ordinary Shares of 25p from its block listing facility at a price of 3,369
    pence per share and 9,369 Ordinary Shares of 25p held in Treasury at a price of
    3,369 pence per share.

    The Company's issued share capital now consists of 3,036,517 Ordinary shares,
    of which 81 Ordinary shares are held in Treasury.  Therefore, the total number
    of shares with voting rights in the Company is 3,036,436.

    The above figure may be used by shareholders as the denominator for the
    calculations by which they will determine if they are required to notify their
    interest in, or a change to their interest in, Capital Gearing Trust P.l.c.
    under the FCA's Disclosure and Transparency Rules.

    Steven Cowie

    Company Secretary

    Enquiries: 0131 538 6604