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 16 January 2019 was 276.21p (ex income) 279.73p (cum income).

For and on behalf of the Board
Frostrow Capital LLP
Secretary

17 January 2019

UK 100