ARGO GLOBAL LISTED INFRASTRUCTURE LIMITED — Net Asset Value 2015

Dec 14, 2015

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15 December, 2015

The Manager Company Announcements ASX Limited 20 Bridge Street SYDNEY NSW 2000

Argo Global Listed Infrastructure Limited

ABN 23 604 986 914

Head Office GPO Box 2692 Adelaide, South Australia 5001 Level 12, 19 Grenfell Street, Adelaide, South Australia 5000

Telephone (08) 8210 9555 Facsimile (08) 8212 1658 Email: invest@argoinfrastructure.com.au

Sydney Office GPO Box 4313 Sydney, New South Wales 2001 Level 25, Suite 2505, 259 George Street, Sydney, New South Wales 2000

Telephone (02) 8274 4700 Facsimile (02) 8274 4777

www.argoinfrastructure.com.au

Estimated Weekly NTA Argo Global Listed Infrastructure Limited

Argo Global Listed Infrastructure Limited (ASX codes: ALI and ALIO) advises the following end of week estimate of its net tangible asset backing per share (NTA):

Weekly estimate of NTA per share at the close of business on Friday 11 December, 2015 :

NTA before tax	$1.85
NTA after tax	$1.89

• Please note that these figures are unaudited and approximate.

• The after tax figure takes into account the provision for deferred tax on set-up costs and estimates of net tax provisions that may arise should the entire portfolio be disposed of on the above date.

Yours faithfully, ARGO GLOBAL LISTED INFRASTRUCTURE LIMITED

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T.C.A. Binks Company Secretary