Net Asset Value(s)

City Merchants High Yield Trust Limited (CMHY)                                        
                                                                                      
As at close of business on 30-August-2019                                             
                                                                                      
NAV per Ordinary share (unaudited) with Debt at Par & Fair Value                      
                                                                                      
EXCLUDING undistributed current year revenue                         186.84p          
                                                                                      
INCLUDING current year revenue                                       188.54p          
                                                                                      
LEI: 549300JLX6ELWUZXCX14                                                             
                                                                                      
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