Aberforth Geared Income Trust plc ("AGIT")

The Net Asset Values ("NAVs") for the above company as at the close of
business on 3 January 2014 were:-

Ordinary Share (excluding current year revenue) = 199.94p

Ordinary Share (including current year revenue) = 203.93p

Zero Dividend Preference Share = 127.19p

The market value of investments was GBP313.2m less net liabilities (including
Zero Dividend Preference Shares) of GBP89.9m to leave Shareholders' Funds of
GBP223.3m.

Contact - Gary Tait (Tel: 0131 220 0733)

Aberforth Partners LLP, Secretaries - 6 January 2014
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