Bayport Management Ltd : NAV update at 30 Nov 2014 per SEM requirements

The Net Asset Value per share of Bayport Management Limited ("BML") as at 30
Novemeber was USD9.4070. 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).

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