Cc Japan Regulatory News (CCJI)

CC Japan Income & Growth Trust plc (the 'Company')

LEI: 549300FZANMYIORK1K98

The Company announces that as at the close of business on 15 April 2021 its unaudited net asset value ("NAV") per ordinary share ("Share") was as follows:

Undiluted NAV

NAV per Share (including current financial year revenue items)

161.90p

NAV per Share (excluding current financial year revenue items)

159.72p

Investments in the Company's portfolio have been valued on a bid price basis.

On 16 February 2021, the Company announced an issue of 26,946,122 Subscription shares at a price of 161p. The first exercise date for the Subscription shares is 31 May 2021 and quarterly thereafter until the final exercise date of 28 February 2023. The Subscription shares may have a dilutive effect on the NAV as follows:

Diluted NAV

NAV per Share (including current financial year revenue items)

161.74p

NAV per Share (excluding current financial year revenue items)

159.95p

Enquiries:

Brian Smith / Ciara McKillop

020 4513 9260

PraxisIFM Fund Services (UK) Limited