Source - PRN

PACIFIC ASSETS TRUST PLC

NET ASSET VALUE

The estimated un-audited net asset value per share, calculated in accordance with the guidelines of the Association of Investment Companies, for Pacific Assets Trust plc at the close of business on 4 April 2018 was 258.27p (ex income) 261.22p (cum income).

For and on behalf of the Board

Frostrow Capital LLP

Secretary

05 April 2018