AMCIL LIMITED — Net Asset Value 2014

Aug 3, 2014

4 A ugust 2014

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

AMCIL Limited

Month ly Net T angible	A sset Bac king Per Share an d Top 20 Investm ents	A sset Bac king Per Share an d Top 20 Investm ents
	Be fore Tax*	Aft er Tax*
31 Ju ly 2014Cu m Div	9 7 cents	90 cents
30 Jun e 2014C um Div	9 5 cents	88 cents

T h e Net Ta n gible Ass e t Backin g per Sha r e for both 30 June a nd 31 Ju l y 2014 ar e before t h e pr o vision fo r the final d ividend of 2.5 cents per share and speci a l dividen d of 4 cent s per shar e .

• 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 31 Jul y 2014.

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 31/07/2014

Valued at closing prices at 31 July 2014

1 OSH Oil Search 2 BHP BHP Billiton 3 CBA Commonwealth Bank of Australia 4 WBC Westpac Banking Corporation 5 STO Santos 6 TCL Transurban Group 7 NAB National Australia Bank 8 TLS Telstra Corporation 9 BXB Brambles 10 EQT Equity Trustees 11 AMP AMP 12 QBE QBE Insurance Group 13 QUB Qube Holdings 14 TOX Tox Free Solutions 15 IPL Incitec Pivot 16 TGR Tassal Group 17 CSL CSL 18 BKW Brickworks 19 IPP iProperty Group 20 CPU Computershare As % of Total Portfolio (excludes Cash) Cash position at 31 July 2014 - $20.3 million	Total Value $ '000 17,464 15,762 15,494 11,075 9,901 9,829 8,830 8,603 8,204 6,583 5,922 5,826 5,675 4,550 4,517 4,511 4,204 4,147 4,129 3,990
	159,215
	77.1%