ARGO GLOBAL LISTED INFRASTRUCTURE LIMITED — Net Asset Value 2016

Jul 12, 2016

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13 July 2016

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 Level 37, 259 George Street, Sydney, New South Wales 2000

The Manager Company Announcements ASX Limited 20 Bridge Street SYDNEY NSW 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 8 July 2016 :

NTA before tax	$2.04
NTA after tax	$2.00

• Please note that these figures are unaudited and approximate.

• The above NTA figures are not adjusted for any dilution due to the outstanding options which are exercisable at $2.00. After adjusting for outstanding options, the diluted pre-tax NTA would be $2.02 and the diluted post-tax NTA would be $2.00

• The post-tax figures take 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