Mithras Capital Partners LLP
Terms and Conditions
Mithras Investment Trust PLC

Objective and Investment Policy

The Company's investment objective, approved by shareholders in January 2009, is to follow a realisation strategy which aims to crystallise value for shareholders in a manner which seeks to achieve a balance between returning cash to shareholders and maximising the value of the Company's portfolio.

The Company will not make any new investments but will continue to meet its existing outstanding commitment to MCF. The Company will retain sufficient cash resources to meet all outstanding obligations and realised cash may be invested in AAA-rated money market funds pending its return to shareholders in accordance with the Company's investment objective.