MENHADEN PLC
NET ASSET VALUE
The estimated un-audited net asset values for Menhaden PLC, calculated in accordance with the guidelines of the Association of Investment Companies, at the close of business on 29 February 2020 were 114.39p (ex-income) and 114.66p (cum income).
For and on behalf of the Board
Frostrow Capital LLP
Secretary
9 March 2020