Net Asset Value(s)

PACIFIC ASSETS TRUST PLC

NET ASSET VALUE

The estimated un-audited net asset value per share, calculated in accordance with the guidelines of the Association of Investment Companies, for Pacific Assets Trust plc at the close of business on 5 September 2018 was 278.24p (ex income) 281.46p (cum income).

For and on behalf of the Board

Frostrow Capital LLP

Secretary

06 September 2018

UK 100