Aberforth Geared Income Trust plc ("AGIT")

The Net Asset Values ("NAVs") for the above company as at the close of
business on 16 January 2014 were:-

Ordinary Share (excluding current year revenue) = 206.41p

Ordinary Share (including current year revenue) = 210.85p

Zero Dividend Preference Share = 127.48p

The market value of investments was GBP319.2m less net liabilities (including
Zero Dividend Preference Shares) of GBP88.3m to leave Shareholders' Funds of
GBP230.9m.

Contact - Gary Tait (Tel: 0131 220 0733)

Aberforth Partners LLP, Secretaries - 17 January 2014