Transaction in Own Shares

BAKER STEEL RESOURCES TRUST LIMITED

(Incorporated in Guernsey with registered number 51576 under the provisions of The Companies (Guernsey) Law, 2008 as amended)

17th August 2015

BAKER STEEL RESOURCES TRUST LTD

(the "Company")

Share Buyback

Baker Steel Resources Trust Limited ('BSRT' or the 'Company') announces that on 14th August 2015, pursuant to the share buyback authority granted to the Company's Board of Directors on 13th August 2015, BSRT purchased 200,000 Ordinary Shares of no par value at an average price of 20 pence per share to be held in treasury. Following this transaction, BSRT has 115,068,335 ordinary shares in issue of which 200,000 are held in treasury.

Further details of the Company and its investments are available on the Company's website www.bakersteelresourcestrust.com 

Enquiries:

Baker Steel Resources Trust Limited +44 20 7389 8237

Francis JohnstoneTrevor Steel

Numis Securities Limited +44 20 7260 1000

David Benda (corporate)

James Glass (sales)

HSBC Securities Services (Guernsey) Limited + 44 (0)1481 707 000

Company Secretary