BAF British & American Investment Trust Plc

NET ASSET VALUE

British & American Investment Trust PLC announces that, as at 30^th November 2016, the value of the group’s investments and cash at banks  was £21.6  million and the unaudited consolidated net asset value of the company was not less than 46.5 pence per £1 ordinary share (prior charges deducted at par) and 61.8 pence per ordinary share on a fully diluted basis.