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 resigned from the Board of Invesco Property Income Trust Ltd, with effect from 19 December 2015.

Hilary Jones

For and on behalf of
R&H Fund Services (Jersey) Ltd

21 December 2015

UK 100

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