Holdings In Other Investments

Re: Holdings In Other Investments

World Trust Fund

In accordance with the UKLA Listing Rule LR15.6.8, the World Trust Fund announces that as at June 30, 2014 3.96% of its total net assets were invested in other UK listed investment companies (including investment trusts) which did not have stated investment policies to invest no more than 15% of their assets in other UK listed investment companies (including investment trusts). The list is as follows:

NAME % of Total Net Assets

Advance Developing Markets 1.90%

British Empire Securities and General 2.06%

Total 3.96%

Listing Category: Premium - Equity Closed-ended Investment Funds