Net Asset Value(s)

TERRA CAPITAL PLC

11 February 2015

The Board of Terra Capital plc ("the Fund") announces that the estimated unaudited net asset value per share on 31 January 2015 was US$0.967 which is a decrease of 1.20 % over the prior month.

The Net Asset Value per share figure as at 31 January 2015 is unaudited.

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Enquiries

For more information, please visit www.terracapitalplc.com orcontact:

Galileo Fund Services Limited (Administrator)

David Parnell

+44 1624 692600

Panmure Gordon (UK) Limited (Nominated adviser and corporate broker)

Paul Fincham or Jonathan Becher

+44 20 7886 2500

Terra Capital plc.

Ian Dungate, Director

+44 1624 692600