Director Declaration

City Merchants High Yield Trust Ltd HEADLINE: Change in Director's Details In accordance with LR 9.6.14, the Board of City Merchants High Yield Trust Ltd announces that Philip Austin has been appointed to the Board of Blackstone/GSO Loan Financing Ltd, a company which is expected to commence trading on the Specialist Fund Market of the London Stock Exchange on 23 July 2014. Hilary Jones For and on behalf of R&H Fund Services (Jersey) Ltd 17 July 2014
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