BIT – Net Asset Values as at 27 December 2019

HENDERSON INVESTMENT FUNDS LIMITED
THE BANKERS INVESTMENT TRUST PLC
LEGAL ENTITY IDENTIFIER: 213800B9YWXL3X1VMZ69
30 December 2019

As at close of business on 27 December 2019, the unaudited net asset value per share
calculated in accordance with the AIC formula (including current financial year revenue items
and excluding shares held in treasury) was 997.2p and the net asset value per share with debt
marked at fair value was 994.2p.

As at close of business on 27 December 2019, the unaudited net asset value per share
(excluding current financial year revenue items and shares held in treasury) was 988.9p and the
net asset value per share with debt marked at fair value was 985.9p.

The Company’s debenture is fair valued daily, based on its market value, while loan notes and
short-term borrowings are valued at par.

For further information, please call:

Wendy King
Janus Henderson Investors
Telephone: 020 7818 4233