Net Asset Value(s)

City Merchants High Yield Trust Limited (CMHY) As at close of business on 19-November-2020 NAV per Ordinary share (unaudited) with Debt at Par & Fair Value EXCLUDING undistributed current year revenue 188.02p INCLUDING current year revenue 189.53p Amount of borrowings outstanding under repo contracts: GBP14.45m Net borrowing level: 5% LEI: 549300JLX6ELWUZXCX14