AMCIL LIMITED — Net Asset Value 2013

May 1, 2013

2 M ay 2013

T h e Manag e r A S X Market Announc e ments A u stralian Securities E xchange E x change Centre 2 0 Bridge S t reet S y dney NS W 2000 Electronic Lodgement

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D e ar Sir / M a dam

	AM CIL Limit ed
Month ly Net T angible	A sset Bac king Per Share an d Top 20 Investm ents
	Be fore Tax Aft er Tax
3 0 April 20 13	9 4 cents 87 cents
31 March 20 13	9 1 cents 85 cents

• T he before and after tax num b ers relate to the pr o vision fo r deferred tax on th e unrealis e d g a ins in the Compan y ’s invest m ent portf o lio. The C ompany i s a long t e rm invest o r and do e s n o t intend d isposing of its tot a l long te r m invest m ent portfolio. Und e r current Accounti n g Standards, t he Comp a ny is req u ired to pr o vide for tax on any gains tha t may arise on such a th e oretical disposal, a f ter the utilisation of a ny broug h t forward losses.

Attached is a list of th e Compan y ’s Top T w enty Inve s tments as at 30 Apr i l 2013.

Y o urs faithf u lly,

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Simon Pord a ge C o mpany S e cretary

AMCIL LIMITED

TOP 20 INVESTMENTS AS AT 30/04/2013

Valued at closing prices at 30 April 2013

1 OSH Oil Search 2 CBA Commonwealth Bank of Australia 3 NAB National Australia Bank 4 ANZ Australia and New Zealand Banking Group 5 BXB Brambles 6 WBC Westpac Banking Corporation 7 BHP BHP Billiton 8 TOX Tox Free Solutions 9 TCL Transurban Group 10 TLS Telstra Corporation 11 AIX Australian Infrastructure Fund 12 AMP AMP 13 QBE QBE Insurance Group 14 CCL Coca-Cola Amatil 15 STO Santos 16 AMC Amcor 17 EQT Equity Trustees 18 TGR Tassal Group 19 WPL Woodside Petroleum 20 WES Wesfarmers As % of Total Portfolio (excludes Cash)	Total Value $ '000 13,208 12,783 12,172 10,444 9,285 9,229 8,993 8,695 8,694 7,656 7,497 7,445 7,081 7,002 6,363 5,600 4,034 3,872 3,869 3,567
	157,491
	81.2%

• Indicates that options were outstanding against part or all of the holding