Net Asset Value(s)

Atlantis Japan Growth Fund Limited                       

  (A closed-ended investment company incorporated in Guernsey with registration  
                                 number 30709)                                 

        Fund Name         NAV per share       SEDOL             NAV DATE       
                              (GBP)                                            
                                                                               
Atlantis Japan Growth        1.3101        B61ND55 (UK)     5th December 2014   
Fund Limited                                                                   


For information purposes the USD NAV 2.0514 per share.
USD/GBP FX Rate: 1.5658 


Date: 5th December 2014

Enquiries: Northern Trust International Fu1.564nd Administration Services (Guernsey) Limited
Andrew Maiden
Tel: [phone]