Pacific Horizon Investment Trust PLC

19 September 2017

Legal Entity Identifier : VLGEI9B8R0REWKB0LN95

Net Asset Value with borrowings at par - including current year income

325.04p

Net Asset Value with borrowings at par - excluding current year income

325.08p

Fair value NAVs have not been provided as either
(a) there are no loans outstanding which are used for investment purposes
or (b) the fair value of such loans are the same as their par value.

Net Asset Values are calculated in accordance with published accounting policies and AIC guidelines