Aberforth Geared Income Trust plc

Dividend Announcement

The Board is pleased to announce the payment of a first interim dividend of
2.50p per Ordinary Share in respect of the year ending 30 June 2015. The first
interim dividend will be paid on 27 February 2015 to Ordinary Shareholders on
the register at the close of business on 13 February 2015. The ex-dividend date
of the dividend will be 12 February 2015.

Contact: Gary Tait - 0131 220 0733

Aberforth Partners LLP, Secretaries - 29 January 2015