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 4 May 2022 was 364.13p (ex income) 366.47p (cum income).

For and on behalf of the Board
Frostrow Capital LLP
Secretary

05 May 2022

UK 100