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 2 February 2021 is 132.61p (cum income). 

For and on behalf of the Board
Frostrow Capital LLP
Secretary

3 February 2021