Bayport Management Ltd : NAV update per SEM requirements

The Net Asset Value per share of Bayport Management Limited ("BML") as at 31
January 2014 was USD8.8066. This communique is pursuant to the Listing Rule
11.3 as per the Listing Rules issued by the Stock Exchange of Mauritius ("SEM").

This notice is for information purposes only and is not an invitation to the
public to subscribe for shares of the company. In addition, it is not expected
that dealings in the shares of BML will take place on the official market of the
SEM.
 For further information please contact David Rajak (investor@bayportfinance.com
/ +27 11 236 7300).

[HUG#1762147]