Aberforth Geared Income Trust plc ("AGIT")

The Net Asset Values ("NAVs") for the above company as at the close of
business on 30 December 2013 were:-

Ordinary Share (excluding current year revenue) = 197.67p

Ordinary Share (including current year revenue) = 201.52p

Zero Dividend Preference Share = 127.10p

The market value of investments was GBP310.7m less net liabilities (including
Zero Dividend Preference Shares) of GBP90.0m to leave Shareholders' Funds of
GBP220.7m.

Contact - Gary Tait (Tel: 0131 220 0733)

Aberforth Partners LLP, Secretaries - 31 December 2013
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