Mr. Louis Arteau reports

GLOBAL DIVERSIFIED INVESTMENT GRADE INCOME TRUST II - NET ASSET VALUE AS AT SEPTEMBER 30, 2015

Global Diversified Investment Grade Income Trust II had an estimated net asset value (NAV) per unit as at Sept. 30, 2015, of 25 cents.

The NAV on a particular date is equal to the aggregate value of the assets less the aggregate value of the liabilities. The assets of Global DIGIT II consist mainly of cash.