TIDMTI1

RNS Number : 6683D

Trian Investors 1 Limited

20 February 2020

20 February 2020

TRIAN INVESTORS 1 LIMITED

(the "Company")

NET ASSET VALUE AS AT 31 JANUARY 2020

Trian Investors 1 Limited is pleased to announce its Net Asset Value as at 31 January 2020 was GBP325.4 million, or 120.26 pence per Ordinary Share.

For further information, please contact:

Estera International Fund Managers (Guernsey) Limited

(Administrator and Company Secretary)

+44 (0)1481 742 742

Mariana Enevoldsen

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February 20, 2020 12:12 ET (17:12 GMT)

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