BIT – Result of AGM

THE BANKERS INVESTMENT TRUST PLC

HENDERSON INVESTMENT FUNDS LIMITED

LEGAL ENTITY IDENTIFIER: 213800B9YWXL3X1VMZ69

21 FEBRUARY 2018


THE BANKERS INVESTMENT TRUST PLC

Annual General Meeting held on
Wednesday 21 February 2018

The Bankers Investment Trust PLC announces that at the Annual General Meeting
held earlier today all resolutions proposed were duly passed, three of which were
special resolutions authorising:

- a general meeting to be called on not fewer than 14 clear days’ notice;
- up to 10% of the share capital to be issued or sold out of treasury without first
offering them to existing shareholders in accordance with statutory pre-
emption procedures; and
- the Company to make market purchases of its own ordinary shares up to a
maximum of 14.99% of the share capital (equivalent to 18,579,399 ordinary
shares as at today’s date) at the maximum price per share (exclusive of
expenses) not exceeding the higher of:
i) 105% of the average middle market quotations for the five business
days preceding the date of purchase; and
ii) the higher of the last independent bid and the highest current
independent bid on the London Stock Exchange. Shares repurchased
will either be held in treasury or cancelled.

The full text of all the resolutions can be found in the Notice of Meeting, copies of
which are available for viewing at www.morningstar.co.uk/uk/nsm.

The Company also announces that from the conclusion of the Annual General
Meeting, Matthew Thorne and David Wild have retired from the Board. Isobel Sharp,
who joined the Board on 1 November 2017, has assumed the role of Audit
Committee Chairman.


For further information please contact:

Alex Crooke
Fund Manager
The Bankers Investment Trust PLC
Tel: 020 7818 4447

Wendy King
Henderson Secretarial Services Ltd
Corporate Secretary to the Bankers Investment Trust PLC
Tel: 020 7818 4233