Doc re. Half-Year Update

HENDERSON INVESTMENT FUNDS LIMITED

HENDERSON ALTERNATIVE STRATEGIES TRUST PLC

31 May 2017

HENDERSON ALTERNATIVE STRATEGIES TRUST PLC

Update for the half year ended 31 March 2017

The Company released its Half-Year Report for the half year ended 31 March 2017 on 19 May 2017. A copy of the report is available to download from the Company's website: www.hendersonalternativestrategies.com.

An abridged extract from the Half-Year Report has been sent to shareholders. A copy of the abridged version, the Half-Year update, has been submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/nsm. The update is also available for download from the Company's website: www.hendersonalternativestrategies.com.

Neither the contents of the Company's website nor the contents of any website accessible from hyperlinks on the Company's website (or any other website) is incorporated into, or forms part of, this announcement.

For further information please contact:

Colleen Sutcliffe

For and on behalf of Henderson Secretarial Services Limited

Corporate Secretary to Henderson Alternative Strategies Trust plc

Tel: 020 7818 6125

James de Sausmarez

Director and Head of Investment Trusts

Henderson Investment Funds LimitedTel: 020 7818 3349