Net Asset Value(s)

City Merchants High Yield Trust Limited (CMHY)                                        
                                                                                      
As at close of business on 07-May-2021                                                
                                                                                      
NAV per Ordinary share (unaudited) with Debt at Par & Fair Value                      
                                                                                      
EXCLUDING undistributed current year revenue                               194.58p    
                                                                                      
INCLUDING current year revenue                                             195.69p    
                                                                                      
Amount of borrowings outstanding under repo contracts:                     GBP12.10m  
                                                                                      
Net borrowing level:                                                       1%         
                                                                                      
LEI: 549300JLX6ELWUZXCX14                                                             
                                                                                      
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