HgCapital Trust plc Regulatory News (HGT)

HgCAPITAL ANNOUNCES INVESTMENT IN INTELLIFLO

19 July 2013

HgCapital, the Manager of HgCapital Trust plc has today announced a majority investment in IntelliFlo Limited, one of the market leading Software as a Service ('SaaS') business for UK financial advisors, for an undisclosed amount. The transaction marks the second investment of the HgCapital Mercury fund which was raised to specifically target lower mid-market buyouts in selected TMT sub-sectors across Europe.

HgCapital Trust plc will participate in the acquisition of IntelliFlo Limited alongside other institutional clients of HgCapital. The Trust, whose shares are listed on the London Stock Exchange, gives private and institutional investors the opportunity to participate in all HgCapital's investments. The Trust will contribute a total of approximately £4.0 million.

Based on the 31 May 2013 reported results and adjusting for the impact of the final subscription share exercise in June 2013; the sale of ATC (expected to complete in September 2013); and this transaction, liquid resources are estimated to be £142.7 million (31% of the 31 May 2013 pro-forma NAV). The transaction will reduce the Trust's outstanding commitments to HgCapital funds to £334.0 million.

Please find the text of a press release issued today by HgCapital announcing the transaction via the following link:

http://www.hgcapital.com/content/news-media/news.

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For further details:

HgCapital

Maitland

About HgCapital Trust plc

HgCapital Trust plc is an investment trust whose shares are listed on the London Stock Exchange (ticker: HGT.L). The Trust is a client of HgCapital, giving investors exposure to a portfolio of high-growth private companies, through a liquid vehicle. New investments and existing portfolio companies are managed by HgCapital, an experienced and well-resourced private equity firm with a long-term track record of delivering superior risk-adjusted returns for its investors. For further details, please see www.hgcapitaltrust.com

Neither the contents of HgCapital's, HgCapital Trust's or IntelliFlo's websites nor the contents of any website accessible from hyperlinks on the websites (or any other website) is incorporated into, or forms part of, this announcement.