Net Asset Value(s)

City Merchants High Yield Trust Limited (CMHY)                                              
                                                                                           
As at close of business on 15-April-2020                                                    
                                                                                           
NAV per Ordinary share (unaudited) with Debt at Par & Fair Value                            
                                                                                           
EXCLUDING undistributed current year revenue                                       168.21p  
                                                                                           
INCLUDING current year revenue                                                     171.06p  
                                                                                           
LEI: 549300JLX6ELWUZXCX14                                                                  
                                                                                           
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