BIT – Net Asset Value as at 10 January 2020

HENDERSON INVESTMENT FUNDS LIMITED
THE BANKERS INVESTMENT TRUST PLC
LEGAL ENTITY IDENTIFIER: 213800B9YWXL3X1VMZ69
13 January 2020

As at close of business on 10 January 2020, the unaudited net asset value per share calculated
in accordance with the AIC formula (including current financial year revenue items) was 1005.5p
and the net asset value per share with debt marked at fair value was 1002.6p.

As at close of business on 10 January 2020, the unaudited net asset value per share (excluding
current financial year revenue items) was 997.3p and the net asset value per share with debt
marked at fair value was 994.3p.

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