Net Asset Value

MANCHESTER & LONDON INVESTMENT TRUST PLC

VALUATION AS AT 30 JUNE 2015

The unaudited fully diluted net asset value per share (including income and excluding shares held in treasury) was 282.9p as at 30 June 2015.

For enquiries:

Manchester & London Investment Trust Plc - 0161 242 2899                                                                                                    

Midas Investment Management Limited - 0161 228 1709                                                                                                                                                                            

UK 100

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