BAF British & American Investment Trust Plc

NET ASSET VALUE AND ANNUAL REPORT

1. NET ASSET VALUE

British & American Investment Trust PLC announces that, as at 30^th June 2017, the value of the group’s investments and cash at banks  was £22.5  million (net of £1.6 million final ordinary and preference dividends paid on 27^th June) and the unaudited consolidated net asset value of the company was not less than 50.0 pence per £1 ordinary share (prior charges deducted at par) and 64.3 pence per ordinary share on a fully diluted basis.  

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