PACIFIC ASSETS TRUST PLC                                                                                                                

LEI:2138008U8QPGAESFYA48

NET ASSET VALUE

The estimated un-audited net asset value per share, calculated in accordance with the guidelines of the Association of Investment Companies, for Pacific Assets Trust plc at the close of business on 17 December 2024 was 426.22p (cum income).

For and on behalf of the Board

Frostrow Capital LLP

Secretary

18 December 2024