Transaction in Own Shares

The World Trust Fund

Transaction in own shares

The World Trust Fund (the "Company") announces that on 24 March 2016 the Company purchased 41,000 ordinary shares of USD 0.20 each, for treasury, at a price of 241p per share.

Following this purchase the Company's issued share capital consists of 50,678,372 Ordinary Shares, of which 40,426,095 Ordinary Shares have voting rights and 10,252,277 Ordinary Shares are held in Treasury without voting rights.

The Company has been advised that, under the Luxembourg Transparency Law of 11 January 2008, shares held in treasury are required to be included in the denominator to be used by shareholders in their shareholding announcements.

Accordingly, the above figure (50,678,372) may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interests in, the Company in accordance with the Luxembourg Transparency Law of 11 January 2008 on transparency requirements for issuers of securities.

Enquiries:

020 7954 9599

24 March 2016