Net Asset Value(s)

7 Jan 2011 09:50

ABERFORTH GEARED CAPITAL & INCOME TRUST plc ("AGCiT")

The Net Asset Values ("NAVs") for the above company as at the close of business on 6 January 2011 were:-

Capital Share (per Articles) = 531.71p

Capital Share (capital entitlement of 100p per Income Share) = 528.82p

Capital Share (capital entitlement of 100p per Income Share and nil swap valuation) = 538.51p

Income Share (excluding Current Year Revenue) = 103.52p Income Share (including All Revenue) = 110.50p

The market value of investments was £114.3m less bank debt and net current assets/liabilities (excluding Income Shares) of £31.4m to leave

Shareholders' Funds (including Income Shares) of £82.9m. Contact - Gary Tait (Tel: 0131 220 0733) Aberforth Partners LLP, Secretaries - 7 January 2011

ANNOUNCEMENT ENDS