Portfolio Update

BACIT Limited

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

Portfolio Update

Please follow the link below to the BACIT Limited Portfolio Update as at 27 April 2015:

http://www.bacitltd.com/company-documents/general/

Enquiries:

Rebecca Booth
Northern Trust International Fund Administration Services (Guernsey) Limited
Tel: [phone]