HERALD INVESTMENT TRUST PLC
Net Asset Value as at 28 June 2017
Net Asset Value - including current year income 1242.45p
Net Asset Value - excluding current year income 1241.92p
Fair value NAVs have not been provided as either:
(a) There are no loans outstanding which are used for investment purposes, or
(b) The fair value of such loans are the same as their par value.
Net Asset Values are calculated in accordance with accounting policies and AIC guidelines.
Law Debenture Corporate Services Limited
Company Secretary
29 June 2017