The Bankers Investment Trust PLC — Proxy Solicitation & Information Statement 2016

Mar 23, 2016

THE BANKERS INVESTMENT TRUST PLC

	General Meeting – Form of Proxy
--	---------------------------------	--	--	--

at 201 Bishopsgate, London EC2M 3AE on 15 April 2016 at 3.00 p.m.

+	+
	1722–102–S
	Shareholder Reference Number
If you cannot attend the General Meeting (the "Meeting"), you may appoint a proxy/proxies to act for you by completing and returning this form. Please read the Notice of General Meeting including the explanatory notes to the Notice, as well as the notes overleaf before completing this Form. The completion of this Form of Proxy will not preclude you from attending and voting in person at the Meeting.
I/We being (a) member(s) of The Bankers Investment Trust PLC (the "Company"), hereby appoint the Chairman of the Meeting or
(insert name of proxy, if you wish to appoint someone other than the Chairman of the Meeting as your proxy – see note 2 overleaf) as my/our proxy to vote in my/our name(s) and on my/our behalf at the General Meeting of the Company to be held on 15 April 2016 at 3.00 p.m.
and at any adjournment thereof.	Please fold here
Please tick here if this proxy appointment is one of multiple appointments being made (please see note 3 overleaf for multiple appointments) and please insert here the number of shares over which this proxy is authorised.
Please indicate how you wish your votes to be cast by competing one box for the resolution in black ink, like this: note 4 overleaf.	x . Please also read
Ordinary Resolution	For Against Abstain
1. To authorise the Directors to allot New Ordinary Shares for the purposes of the HGT Scheme.*
*Terms are as defined in the circular to shareholders of the Company dated 23 March 2016.

2016

Dated Signature

Notes:

• 1. Right to attend the Meeting and vote: Only members registered in the Register of Members of the Company at 6.00 p.m., on 13 April 2016 shall be entitled to attend and vote at the Meeting in respect of the number of voting rights registered in their name at that time. Changes to entries on the Register of Members after 6.00 p.m. on 13 April 2016 shall be disregarded in determining the rights of any person to attend and vote at the Meeting. In the case of joint holders of a voting right, the vote of the senior who tenders a vote, whether in person or by proxy, shall be accepted to the exclusion of the votes of the other joint holders and, for this purpose, seniority shall be determined by the order in which the names stand in the Register of Members in respect of the joint holding.
• 2. Right to appoint a proxy: You are entitled to appoint one or more proxies to attend, speak and vote on your behalf at the Meeting, provided that each proxy is appointed to exercise the rights attached to different shares held by you. A proxy need not be a member of the Company. If you wish to appoint a person other than the Chairman, please insert the name of your chosen proxy in the space provided overleaf.
• 3. Procedure for appointing more than one proxy: To appoint more than one proxy, additional Forms of Proxy may be obtained by contacting the Registrar's helpline on 0371 384 2471 (+44 121 415 7047 if you are calling from overseas) or you may photocopy this form. Lines open 8.30 a.m. to 5.30 p.m., Monday to Friday (excluding UK public holidays). Please indicate in the box next to the proxy holder's name (see reverse) the number of shares in relation to which they are authorised to act as your proxy. If left blank, your proxy will be deemed to be authorised in respect of your full voting entitlement, with the result that your other proxy appointments may be invalidated or may supersede this proxy appointment. Please also indicate by ticking the box provided if the proxy instruction is one of multiple instructions being given. All Forms of Proxy must be signed and should be returned together in the same envelope.
• 4. Voting by proxy: Please indicate how you wish your votes to be cast by completing one box for the resolution in black ink. If you mark the abstain box for the resolution, you are directing your proxy not to vote on your behalf on a poll on the resolution and your votes will not be counted in computing the required majority on that poll. If no specific instructions are given, your proxy will have discretion to vote or abstain as he or she thinks fit on the resolution. Your proxy will also have discretion to vote or abstain as he or she thinks fit on any other business, which may properly come before the meeting.

Please sign and date this Form of Proxy. Any alterations to this Form of Proxy should be initialled. If this Form of Proxy is returned unsigned, your proxy appointment will be invalid.

5. Deadline for returning this Form of Proxy: To be valid, this Form of Proxy must be lodged with the Company's Registrars, Equiniti Limited, before 3.00 pm on 13 April 2016. A business reply paid envelope has been supplied to you for this purpose. You may terminate your proxy's authority at any time before the commencement of the meeting by writing to the Registrars. The address to which proxy cards and terminations of proxies should be sent is:

Equiniti Limited, Aspect House, Spencer Road, Lancing, West Sussex, BN99 6DA.

6. CREST Proxy Appointment: The CREST electronic proxy appointment service is available for this meeting. To use this service CREST members should transmit a CREST proxy instruction, using the procedures described in the CREST manual, so as to reach the Company's Registrars, Equiniti Limited (CREST participant ID RA19) by no later than 3.00 p.m. on 13 April 2016. Further details on the use of the CREST system are set out in the Explanatory Notes to the Notice of the Meeting.