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 2 December 2021 was 392.33p (ex income) 393.84p (cum income).

For and on behalf of the Board

Frostrow Capital LLP

Secretary

03 December 2021

UK 100