Net Asset Value(s)

City Merchants High Yield Trust Limited (CMHY)                                  
                                                                               
As at close of business on 24-March-2020                                        
                                                                               
NAV per Ordinary share (unaudited) with Debt at Par & Fair                      
Value                                                                          
                                                                               
EXCLUDING undistributed current year revenue                  152.96p          
                                                                               
INCLUDING current year revenue                                154.97p          
                                                                               
LEI: 549300JLX6ELWUZXCX14                                                      
                                                                               
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