Net Asset Value(s)

BACIT Limited                                 

 (a closed-ended investment company incorporated in Guernsey with registration 
                                 number 55514)                                 

   FUND NAME       SEDOL        NAV as at 30     Total Return    Total Return  
                               September 2014         MTD       from Inception 
                                                                  (31/10/12)   
                                                                               
 BACIT Limited    B8P59C0         112.85p           +0.58%         +17.50%     


Date: 23rd October 2014

Enquiries:
Northern Trust International Fund Administration Services (Guernsey) Limited
Harry Rouillard 44 (0)1481 745315