Net Asset Value(s)

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 31 August 2019 were 104.83p (ex-income) and 105.35p (cum income).

For and on behalf of the Board
Frostrow Capital LLP
Secretary

10 September 2019

UK 100

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