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TIDMTCA

RNS Number : 8699B

Terra Capital PLC

09 October 2015

9 October 2015

Terra Capital Plc ('Terra' or 'the Fund')

30 September 2015- NAV Update

Terra Capital Plc, the AIM quoted investment trust focussed on investing in value opportunities globally, primarily in frontier markets, announces that the estimated unaudited net asset value ('NAV') per share on 30 September 2015 was US$0.923. This represents a decrease in NAV of 1.10% over the prior month.

The Fund undertakes its activities in line with its strategy to generate high absolute returns by investing in under-evaluated companies which present significant deep value opportunities. Due to market inefficiencies, the Fund and its Investment Manager, Terra Partners Asset Management Limited believe that frontier markets provide many such prospects.

The NAV per share figure as at 30 September 2015 is unaudited. The last quoted price per share on the London Stock Exchange as of October 8, 2015 is US$0.8425.

**ENDS**

For more information, please visit www.terracapitalplc.com or contact:

Galileo Fund Services Limited (Administrator)

David Parnell

+44 1624 692600

Panmure Gordon (UK) Limited (Nominated adviser and corporate broker)

Paul Fincham or Jonathan Becher

+44 20 7886 2500

Terra Capital plc.

Ian Dungate, Director

+44 1624 692600

St Brides Partners Ltd

Elisabeth Cowell / Frank Buhagiar

+44 (0) 20 7236 1177

NOTES:

Terra Capital plc is an AIM quoted investment trust focussed on generating high absolute returns while ensuring volatility is kept to a minimum. The fund predominantly invests in under-researched and under-valued companies. The Fund Manager targets companies that are trading at less than their intrinsic worth and so, aside from any potential growth prospects, provide scope for capital appreciation as a result of a reversion towards underlying value. Investments are also made in companies which are viewed as fair value but offer opportunities for growth at a reasonable price. Due to inherent market inefficiencies, the Investment Manager believes many such 'value' opportunities can be found in Frontier Markets and utilises in-house teams of analysts on the ground in areas of interest to investigate suitable opportunities rather than rely on third party research.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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