ABERFORTH GEARED INCOME TRUST PLC

Aberforth Geared Income Trust plc

Annual General Meeting held on 25 October 2016

The Board of Aberforth Geared Income Trust plc (“AGIT”) hereby report that all the resolutions proposed at the Annual General Meeting (“the meeting”) held on 25 October 2016 were passed by Shareholders on a show of hands.

A total of 50.0m proxy votes were received, representing 45.7% of the 109.5m Ordinary shares in issue, in respect of the five resolutions at the meeting. Of the proxy votes cast in favour or against the resolutions proposed at the meeting, over 96% were cast in favour of all five resolutions.

The table below shows the result of the proxy voting:

Resolution	Votes in favour	Votes at third party’s discretion	Votes against	Votes withheld	Total votes
1	48,286,258	10,000	1,586,660	123,220	50,006,138
2	49,977,057	10,000	18,081	1,000	50,006,138
3	49,978,057	10,000	18,081	-	50,006,138
4	49,978,057	10,000	18,081	-	50,006,138
5	48,419,613	10,000	967	1,575,558	50,006,138