Baillie Gifford China Growth Trust plc

Share Issue/Capital Change • Feb 1, 2021

National Storage Mechanism | Additional information

RNS Number : 5192N

Baillie Gifford China Grwth TrstPLC

01 February 2021

1 February 2021

Baillie Gifford China Growth Trust plc

Legal Entity Identifier: 213800KOK5G3XYI7ZX18

Intention to raise equity

The Board of Baillie Gifford China Growth Trust plc (the "Company") is pleased to announce it is contemplating an equity raise in response to strong demand for the Company's shares.

Since seeking Shareholder approval on 9 November 2020 to renew the authorities to allot an additional 20% of the Company's issued share capital (as at 5 November 2020), the Board is mindful that this authority alone may not be sufficient to satisfy the continued demand for the Company's shares. It is envisaged that an equity raise would help satisfy further market demand and support the Company's growth.

Further details will be announced in due course.

Baillie Gifford & Co Limited

Company Secretaries

1 February 2021

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