Net Asset Value(s)

MENHADEN CAPITAL PLC

NET ASSET VALUE

The estimated un-audited net asset value per share for Menhaden Capital PLC, calculated in accordance with the guidelines of the Association of Investment Companies, at the close of business on 25 January 2021 is 132.99p (cum income). 

For and on behalf of the Board
Frostrow Capital LLP
Secretary

26 January 2021