ARGO GLOBAL LISTED INFRASTRUCTURE LIMITED — Net Asset Value 2019

Oct 8, 2019

==> picture [134 x 68] intentionally omitted <==

9 October 2019

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

Estimated Weekly NTA

Friday 4 October 2019

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 4 October 2019:

**NTAper share1 **	$2.61
NTA after unrealised taxprovision2	$2.48

• 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

==> picture [89 x 51] intentionally omitted <==

T.C.A. Binks Company Secretary

==> picture [453 x 33] intentionally omitted <==