Net Asset Value(s)

BACIT Limited                                 

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

   FUND NAME       SEDOL     NAV as at 31 March   Total Return    Total Return  
                                    2015              MTD       from Inception 
                                                                  (31/10/12)   
                                                                               
 BACIT Limited    B8P59C0         125.05p           +3.58%         +30.21%     


Date: 23rd April 2015


Enquiries:

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