BIT – Net Asset Values as at 20 February 2020

HENDERSON INVESTMENT FUNDS LIMITED
THE BANKERS INVESTMENT TRUST PLC
LEGAL ENTITY IDENTIFIER: 213800B9YWXL3X1VMZ69
21 February 2020

As at close of business on 20 February 2020, the unaudited net asset value per share
calculated in accordance with the AIC formula (including current financial year revenue items)
was 1022.7p and the net asset value per share with debt marked at fair value was 1019.9p. As
the Company’s shares are now ex-dividend, the dividend has been deducted from the net asset
value.

As at close of business on 20 February 2020, the unaudited net asset value per share
(excluding current financial year revenue items) was 1019.6p and the net asset value per share
with debt marked at fair value was 1016.8p.

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