Statement re: Application for Block Listing

City Merchants High Yield Trust Limited

14 April 2015

Block listing application

City Merchants High Yield Trust Limited (the "Company") has made an application
to the UK Listing Authority for a block listing for general business purposes
of 6,488,745 ordinary shares of no par value (the "Shares") to be admitted to
the Official List of the UKLA and to the London Stock Exchange for the Shares
to be admitted to trading on its main market.

Shares will be issued under the block listing to satisfy continuing market
demand for the Shares and the block listing is expected to become effective at
8:00 a.m. on 15 April 2015.

For further details please contact:

Hilary Jones
R&H Fund Services (Jersey) Limited
Telephone: [phone]


  ND