MENHADEN CAPITAL PLC
NET ASSET VALUE
The estimated un-audited net asset values for Menhaden Capital PLC, calculated in accordance with the guidelines of the Association of Investment Companies, at the close of business on 30 November 2018 were 93.48p (ex-income) and 94.25p (cum income).
For and on behalf of the Board
Frostrow Capital LLP
Secretary
6 December 2018