Aberforth Geared Income Trust plc ("AGIT")

The Net Asset Values ("NAVs") for the above company as at the close of
business on 7 January 2014 were:-

Ordinary Share (excluding current year revenue) = 202.18p

Ordinary Share (including current year revenue) = 206.15p

Zero Dividend Preference Share = 127.28p

The market value of investments was GBP315.7m less net liabilities (including
Zero Dividend Preference Shares) of GBP90.0m to leave Shareholders' Funds of
GBP225.7m.

Contact - Gary Tait (Tel: 0131 220 0733)

Aberforth Partners LLP, Secretaries - 8 January 2014
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