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 23 November 2021 was 396.43p (ex income) 397.99p (cum income).

For and on behalf of the Board

Frostrow Capital LLP

Secretary

24 November 2021

UK 100