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 on 19 February 2015, Win Robbins resigned from the Board of Alliance Trust PLC, a company listed on the London Stock Exchange. Hilary Jones For and on behalf of R&H Fund Services (Jersey) Ltd 16 March 2015
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