BIT – Amended Share Split and Total Voting Rights

The issuer advises that the following replaces the Share Split and Total Voting Rights announcement
released on 23 January 2021.

The number of New Ordinary Shares available for issue pursuant to the Company’s block listing facility has
been amended from 25,731,920 to 2,573,192. All other details remain unchanged. The full amended text
appears below.


HENDERSON INVESTMENT FUNDS LIMITED

THE BANKERS INVESTMENT TRUST PLC

LEGAL ENTITY IDENTIFIER: 213800B9YWXL3X1VMZ69

22 January 2021

THE BANKERS INVESTMENT TRUST PLC

Share Split and Total Voting Rights

The Bankers Investment Trust PLC (the 'Company') today announces further details of the
previously announced sub-division (the ‘Share Split’) of each ordinary share of 25p each (‘Existing
Ordinary Share') into 10 ordinary shares of 2.5p each ('New Ordinary Shares'), subject to the
approval of the Share Split at the Company's Annual General Meeting (‘AGM’), which will be held
on Wednesday, 24 February 2021.

The Share Split is also conditional on the New Ordinary Shares being admitted to the Official List
of the Financial Conduct Authority and to trading on the London Stock Exchange’s main market
for listed securities. Applications for such admissions (the ‘Admission Applications’) are being
made and it is expected that such admissions will become effective, and that dealings in the New
Ordinary Shares will commence, at 8.00am on Monday, 1 March 2021, at which time the Share
Split will become effective. The last day of trading in the Existing Ordinary Shares is expected to
be, therefore, Friday, 26 February 2021 and the record date for the Share Split is 5.00pm on that
date (the 'Record Date').

Shareholders will receive 10 New Ordinary Shares in exchange for each Existing Ordinary Share
held at the Record Date. CREST accounts are expected to be credited with New Ordinary Shares
on Monday, 1 March 2021 and share certificates in respect of the New Ordinary Shares are
expected to be posted to shareholders no later than Monday, 15 March 2021.

The New Ordinary Shares will have a new ISIN and SEDOL, as follows:

New ISIN: GB00BN4NDR39
New SEDOL: BN4NDR3

The ticker for the New Ordinary Shares will remain the same as the ticker for the Existing Ordinary
Shares (BNKR). The New Ordinary Shares will rank pari passu with each other and will be subject
to the same rights and restrictions as the Existing Ordinary Shares. Subject to the proposed new
Articles of Association being approved by shareholders at the AGM, with effect from such approval
each Existing Ordinary Share will have one vote per share on a poll. Each New Ordinary Share
will also have one vote per share on a poll. A holding of New Ordinary Shares following the Share
Split will represent the same proportion of the issued ordinary share capital of the Company as the
corresponding holding of Existing Ordinary Shares immediately prior to the Share Split.

The Company currently has 130,132,783 Existing Ordinary Shares in issue (no Existing Ordinary
Shares are held in treasury). On this basis, in accordance with the Financial Conduct Authority's

('FCA') Disclosure Guidance and Transparency Rule 5.6, the Company advises that, following the
completion of the Share Split, as at 1 March 2021 the Company will have 1,301,327,830 New
Ordinary Shares in issue (assuming no further shares are issued by the Company prior to the
Share Split).

The Admission Applications include the 2,573,192 Existing Ordinary Shares remaining available
for issue pursuant to the Company’s current block listing facility and, therefore, upon the Share
Split becoming effective, there will be 2,573,192 New Ordinary Shares available for issue pursuant
to that facility (assuming no further shares are issued by the Company prior to the Share Split).

For New Zealand
In order for the Share Split to be processed and for trading on the NZX Main Board to continue, a
temporary ticker code (BITZ) with the new ISIN will be created. BITZ will be used from the
commencement of trading on Thursday, 25 February 2021 until close of trading on Friday, 26
February 2021. On Monday, 1 March 2021, trading will resume using the original ticker code (BIT)
with the new ISIN continuing to be used. At this time, trading in the BITZ temporary ticker code will
cease.


For further information please contact:

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

James de Sausmarez
Director and Head of Investment Trusts
Henderson Investment Funds Limited
Telephone: 020 7818 3349


Laura Thomas
PR Manager, Investment Trusts
Janus Henderson Investors
Telephone: 020 7818 2636