City Merchants High Yield Trust Limited

    HEADLINE:            Statement re Inside Information

    City Merchants High Yield Trust Ltd ('the Company') confirms that all inside
    information (as defined in the EU Market Abuse Regulation) which the Directors
    and the Company may have held has been notified to a Regulatory Information
    Service.  Accordingly, in the absence of any new undisclosed inside information
    arising, the Company is not prohibited from dealing in its own securities
    leading up to the announcement of the annual financial report.

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

    Contact:

    Hilary Jones

    R&H Fund Services (Jersey) Limited

    Telephone: 01534 825323

    3 January 2017