Directorate change

Aberforth Geared Capital & Income Trust plc No further information relating to the appointment of Mr. John Steel Richards as a non-executive Director of Aberforth Geared Capital & Income Trust plc is required to be disclosed under paragraph 16.4 of the Listing Rules. Contact for enquiries: Steven McKeane Aberforth Partners, Secretaries 0131 220 0733 ANNOUNCEMENT ENDS ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/11/14/20031114BIT00600/wkr0001.doc http://www.waymaker.net/bitonline/2003/11/14/20031114BIT00600/wkr0002.pdf