Central GoldTrust Announces Adoption of Advance Notice Rule - Seite 2

The Advance Notice Rule provides that in no event shall any adjournment or postponement of any meeting of the Unitholders or the announcement thereof commence a new time period for the giving of a notice as described above. The Rule permits the trustees, in their sole discretion, to amend the time periods for the giving of a notice described above, in order to comply with changes to applicable laws or recommended best practices.

The Advance Notice Rule is effective immediately.

The trustees intend to seek Unitholder ratification of the Advance Notice Rule at the 2015 Meeting. In the event that Unitholders determine not to ratify the Rule by ordinary resolution, the trustees intend to take steps to terminate the Rule following the 2015 Meeting.

A full-text copy of the Advance Notice Rule will be available on SEDAR at www.sedar.com under the Trust's profile.

Bennett Jones LLP is acting as legal counsel to the Special Committee of the independent trustees of CGT, and CIBC World Markets Inc. is acting as financial advisor to the Trust.

About Central GoldTrust

Central GoldTrust (established on April 28, 2003) is a passive, self-governing, single purpose trust, which invests primarily in long-term holdings of gold bullion. At March 31, 2015, the Units were 98.9% invested in unencumbered, allocated and physically segregated gold bullion. Units may be purchased or sold on the Toronto Stock Exchange and NYSE MKT.

Additional Information

The information contained in this press release does not and is not meant to constitute a solicitation of a proxy within the meaning of applicable securities laws. Unitholders of CGT are not being asked to execute a proxy in favour of any of the matters described in this press release at this time.

Forward Looking Statements

Statements contained in this release that are not historical facts are forward-looking statements that involve risks and uncertainties. The Trust's actual results could differ materially from those expressed or implied by such forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, those risks detailed in the Trust's filings with the Canadian securities regulatory authorities and the SEC.

D.F. King
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Outside North America, Banks, Brokers and Collect Calls:
1-201-806-7301
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