BIT – Net Asset Value as at 25 July 2019

HENDERSON INVESTMENT FUNDS LIMITED THE BANKERS INVESTMENT TRUST PLC LEGAL ENTITY IDENTIFIER: 213800B9YWXL3X1VMZ69 26 July 2019 As at close of business on 25 July 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 966.1p and the net asset value per share with debt marked at fair value was 963.1p. 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 25 July 2019, the unaudited net asset value per share (excluding current financial year revenue items and shares held in treasury) was 959.9p and the net asset value per share with debt marked at fair value was 956.9p. 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 End CA:00338237 For:BIT Type:MKTUPDTE Time:2019-07-29 08:31:13