Net Asset Value(s)

CAPITAL GEARING TRUST P.L.C.

(the "Company")

LEI:213800T2PJTPVF1UGW53

Date: 2 April 2026

Net Asset Value

The Company announces that, as at the close of business on 1 April 2026, the unaudited net asset value per ordinary share, valued on a 'bid price' basis, was:

Including income: 5,108.88p

With effect from the publication of the Company's daily net asset value per share as at 1 April 2026, the Company's daily net asset value per share will be published on a cum-income basis only.

Frostrow Capital LLP

Company Secretary

Email: [email protected]