HFL - Net Asset Value as at 8 April 2025

JANUS HENDERSON FUND MANAGEMENT UK LIMITED

THE BANKERS INVESTMENT TRUST PLC

LEGAL ENTITY IDENTIFIER: 213800B9YWXL3X1VMZ69

9 April 2025


The Bankers Investment Trust PLC
(the ‘Company’)


As at close of business on 8 April 2025, 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 110.3p and the net asset value per share with debt marked at fair
value was 113.5p.
As at close of business on 8 April 2025, the unaudited net asset value per share (excluding current
financial year revenue items and shares held in treasury) was 109.2p and the net asset value per
share with debt marked at fair value was 112.4p.
The current estimated fair value of the Company’s GBP denominated unsecured loan notes is
based on a discount rate calculated using the yield of a UK Gilt of a similar maturity plus a credit
spread. The current estimated fair value of the Company’s Euro denominated unsecured loan
notes is based on a discount rate calculated using the yield of a Euro Swap of similar maturity
plus a credit spread.


For further information, please call:

Janus Henderson Secretarial Services UK Limited
Corporate Secretary
Telephone: 020 7818 1818