Director Declaration

BACIT Limited(the "Company") (a closed-ended collective investment company incorporated under the laws of Guernsey with registered number 55514) Director Declaration 1 December 2014 In compliance with Listing Rule 9.6.14, BACIT Limited announces that MrColinMaltby, a Director, has informed the Company that with effect from 27 November2014 he ceased to be a Director of HarbourVest Senior Loans Europe Limited,following approval at an EGM of the Board's recommendation for the voluntarywinding-up of the Company, as the final stage of its managed wind-down. Company website: www.bacitltd.com Enquiries:Northern Trust International Fund Administration Services (Guernsey) LimitedEmail: rt80@ntrs.comTel: +44 (0)1481 745381