Net Asset Value(s)

BACIT Limited                                 

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

                                                                Total Return  
   FUND NAME      SEDOL     NAV as at 30 April  Total Return   from Inception 
                                   2015              MTD         (31/10/12)   
                                                                              
 BACIT Limited   B8P59C0         124.85p           -0.16%         +30.00%     


Date: 28th May 2015

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