Transaction in Own Shares

28 August 2012

Caledonian Trust PLC

("Caledonian Trust" or the "Company")

Purchase of Own Securities

Caledonian Trust announces that on 24 August 2012, the Company acquired a total of 5,000 of its own ordinary shares of 20 pence each ("Ordinary Shares") by way of a market transaction at a price of 65p per Ordinary Share for cancellation.

The Company also announces that on 24 August 2012 it cancelled 1,000 ordinary shares of 20p each which had previously been bought back and held in treasury.

Following the buyback and cancellation, the Company has a total issued share capital of 11,876,923 and no shares held in treasury.

The above figure of 11,876,923 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company, under the FSA's Disclosure and Transparency Rules.