Introduction of Sterling currency line

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30 August 2019

Gabelli Merger Plus+ Trust Plc

(the "Company")

Introduction of an additional market quote denominated in Sterling

The Board of Gabelli Merger Plus+ Trust Plc is pleased to announce that the Company has applied to introduce an additional market quote for the shares on the London Stock Exchange denominated in Sterling. The Sterling Quote will appear alongside the Company's existing US Dollar market quote (the "Dollar Quote") and there will be no changes to the legal form or nature of the Company's shares nor to the reporting currency of the Company's financial statements, which will remain in USD. For the avoidance of doubt, shares traded under either quote will have the same currency exposure, namely USD.

The Company's existing ticker, ISIN and SEDOL will remain unchanged. However, in connection with the Sterling Quote the Company will introduce a new ticker and SEDOL with effect from Admission, as set out below.

All dividends will continue to be declared and paid in US Dollars. Admission is expected to occur with effect from 8am on 2 September 2019.

For further information, please contact: