Director Changes

BACIT Limited (the "Company")

(a closed-ended collective investment scheme established as a company with limited liability under the laws of Guernsey with registered number 55514)

Director Resignation

18 March 2016

The Company announces the resignation of Martin Thomas as a non-executive director of the Company, effective 18 March 2016.

Mr Thomas is chairman of the board of directors of BACIT (UK) Limited, the FCA regulated firm that manages the assets of BACIT Limited. Jeremy Tigue, chairman of BACIT Limited said "Martin has been instrumental in establishing BACIT (UK) Limited having been part of the team that founded BACIT in 2012. His contribution as a director of the fund has been much appreciated, and we look forward to continue working with him as chair of our appointed fund manager in the years to come”.

Company website:        www.bacitltd.com

Enquiries:
Northern Trust International Fund Administration Services (Guernsey) Limited
Email:  [e-mail]
Tel:       [phone]