ARGO GLOBAL LISTED INFRASTRUCTURE LIMITED — Net Asset Value 2018

Jun 25, 2018

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26 June 2018

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 Level 37, 259 George Street, Sydney, New South Wales 2000 Telephone (02) 8274 4700 Facsimile (02) 8274 4777 www.argoinfrastructure.com.au

Estimated Weekly NTA

Friday 22 June 2018

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

Weekly estimate of NTA per share at the close of business on Friday 22 June 2018:

**NTAper share1 **	$2.14
NTA after unrealised taxprovision2	$2.10

• 1 This figure allows for all costs incurred, including company tax and any tax payable on gains realised from portfolio sales.

• 2 Under ASX Listing Rules, the Company is also required to calculate the NTA per share after providing for estimated tax on unrealised gains/losses in the portfolio (tax that may arise should the entire portfolio be disposed of on the above date).

Please note that these figures are unaudited and approximate.

Yours faithfully, ARGO GLOBAL LISTED INFRASTRUCTURE LIMITED

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T.C.A. Binks Company Secretary