NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR INTO, THE UNITED STATES OF AMERICA, CANADA, JAPAN, OR SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT OR ANY COPY OF IT.

AVI Japan Opportunity Trust PLC

Issue of Ordinary Shares

LEI:  894500IJ5QQD7FPT3J73

AVI Japan Opportunity Trust PLC (the "Company") announces that it has today issued 650,000 shares from treasury at a price of 181.20 pence per Ordinary share and at a premium to the prevailing net asset value.

Following the issue of the Ordinary Shares, the Company's issued share capital, shares held in treasury and the Total Voting Rights of the Company are now as follows:

Number of Ordinary Shares in issue                                           247,873,823

Number of Ordinary Shares held in treasury                                26,150,429

Total Voting Rights attaching to Ordinary Shares in issue                        221,723,394

This figure (221,723,394) may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

Enquiries: