2014 Dividend

10 September 2014 BACIT LIMITED ISSUE OF SHARES PURSUANT TO THE 2014 DIVIDEND The Board of BACIT Limited (the "Company") today announces the issue inaggregate of 1,892,450 new ordinary shares in satisfaction of the payment ofthe Company's 2014 dividend to those qualifying shareholders who did not electto receive the dividend in cash. The new ordinary shares rank pari passu with the existing issued ordinaryshares of the Company. Application has been made to the Financial Conduct Authority for the shares tobe admitted to the Official List, and to the London Stock Exchange for theshares to be admitted to trading and dealings commenced in the new ordinaryshares on 10 September 2014. Pursuant to DTR 5.6.1A the Company announces that, following the issue of newordinary shares as described above, the total number of ordinary shares inissue now stands at 382,867,127 and the total number of voting rights in theCompany is 382,867,127 ordinary shares. The Company does not hold any ordinary shares in treasury. The above figure may be used by shareholders as the denominator for thecalculations by which they will determine if they are required to notify theirinterest in, or a change to their interest in, the Company under the FSA'sDisclosure and Transparency Rules. Enquiries: Company website: www.bacitltd.com Northern Trust International Fund Administration Services (Guernsey) LimitedRose Toussaint+44 (0) 1481 [email protected]