Dividend Declaration

CITY MERCHANTS HIGH YIELD TRUST LIMITED - Dividend Declaration

PR Newswire

London, October 10

City Merchants High Yield Trust Limited

HEADLINE: 3rd Interim Dividend

The Directors of the Company are pleased to announce the 3rd interim dividend, in respect of the year ended 31 December 2016, of 2.5 pence per Ordinary share. This dividend will be paid on 21 November 2016, to shareholders on the register on 21 October 2016. The shares will be marked ex-dividend on 20 October 2016.

The Board continues to target total dividends of 10 pence for the current year.

Issued for and on behalf of City Merchants High Yield Trust Limited.

Contacts:

Hilary Jones

R&H Fund Services (Jersey) Limited

Telephone: 01534 825323

10 October 2016