AMCIL LIMITED — Net Asset Value 2009

Sep 1, 2009

2 September 2009

The Manager Company Announcements Office Australian Securities Exchange Limited Exchange Centre 20 Bridge Street Sydney NSW 2000

Electronic Lodgement

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Dear Sir or Madam

AMCIL Limited

Monthly Net Tangible Asset Backing Per Share

		Before Tax*	After Tax*
31	August 2009Ex Div	69 cents	67 cents
31	July 2009Cum Div	65 cents	65 cents

The August figures are after the provision for the final dividend of 2 cents per share and the July figures are before the provision for the dividend.

*The before and after tax numbers relate to the provision for deferred tax on the unrealised gains in the Company’s investment portfolio. The Company is a long term investor and does not intend disposing of its total long term investment portfolio. Under current Accounting Standards, the Company is required to provide for tax on any gains that may arise on such a theoretical disposal, after the utilisation of brought forward losses.

Yours faithfully,

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Simon Pordage Company Secretary