THE BANKERS INVESTMENT TRUST PLC

As at close of business on 18 December 2014, the unaudited net asset value per share calculated in accordance with the AIC formula (including current financial year revenue items) was 603.2p and the net asset value per share with debt marked at fair value was 598.5p.

As at close of business on 18 December 2014, the unaudited net asset value per share (excluding current financial year revenue items) was 597.7p and the net asset value per share with debt marked at fair value was 593.0p.

Mark Pantlin

Investment Trust Accounting Department

BNP Paribas Securities Services

Tel:  020 7410 4549