Net Asset Value(s)

BACIT Limited (a closed-ended investment company incorporated in Guernsey with registration number 55514) FUND NAME SEDOL NAV as at 28 Total Return Total Return November 2014 MTD from Inception (31/10/12) BACIT Limited B8P59C0 115.71p +2.36% +20.48% Date: 23rd December 2014 Enquiries:Northern Trust International Fund Administration Services (Guernsey) LimitedHarry Rouillard 44 (0)1481 745315