Result of AGM

20 September 2018

Lazard World Trust Fund (the "Company")

Result of AGM

The Board of Company announces that at the Annual General Meeting ("AGM") held today at 3:00 p.m. (Luxembourg time), all resolutions were duly passed with the exception of Resolution 1 (the approval of the continuation of the Company).

As Resolution 1 has not been passed, it is the Board's intention to consult with shareholders prior to formulating proposals to be put to all shareholders in accordance with the articles of incorporation of the Company (the "Articles"). The Board will begin those shareholder consultations as soon as practicable.

Proxy results will shortly be available online at www.lazardworldtrustfund.com.

In light of the above, the Board are suspending the share buyback programme until further notice.

This announcement contains inside information as defined in EU Regulation No. 596/2014 and is in accordance with the Company's obligations under Article 17 of that Regulation. Upon the publication of this announcement the inside information within is now considered to be in the public domain.

Enquiries:

Link Company MattersJenny Thompson +44 (0)20 7954 9599

Cenkos Securities plc Will Rogers +44 (0)20 7397 1920Alex Collins +44 (0)20 7397 1913