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BTC HEALTH LTD Net Asset Value 2014

Sep 30, 2014

64575_rns_2014-09-30_3e7c4f41-3a8b-4950-a440-4b6124ad3bfb.pdf

Net Asset Value

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==> picture [134 x 100] intentionally omitted <==

01 October 2014: Net Tangible Asset (NTA) Backing – September 2014

30 September 2014 30 September 2014 Cost Price
Board Valuation1
Cost Price
Board Valuation1
Cost Price
Board Valuation1
Company ASX Code Cost Price
Cents per BTC
share
Current Value
Cents per BTC
share*
UNLISTED SECURITIES
Sensear
TOTAL UNLISTED SECURITIES
Cash
3,116,761
$ 3.64c
1,000,000
$ 1.17c
3,116,761
$
3.64c
1,000,000
$
1.17c
481,518
$ 0.56c
481,518
$ 0.56c
Tax Provision -
$ 0.00c
-
$ 0.00c
TOTAL 3,598,279
$
4.20c
1,481,518
$
1.73c

Commentary - activities during the last month

There is one remaining investment being Sensear Pty Ltd.

Valuations

The “Board Valuation” column is based upon the investment policy of the Board and is broadly in line with industry standard practices.

About BioTech Capital Ltd

BioTech Capital Ltd (“BTC”) is a listed investment fund currently actively seeking new investment opportunities in entities operating in the biotechnology / life-science sectors. As a registered Pooled Development Fund (PDF), investors are generally exempt from tax on capital gains and income. BTC is listed on the Australian Stock Exchange (Code: BTC). Additional information can be found at www.biotechcapital.com.au

Contact Information

Richard Treagus Chairman, Biotech Capital Limited Ph: +61 417 520 509 E-mail: [email protected]

Biotech Capital Limited ABN 45 091 979 172 www.biotechcapital.com.au

1 Edmondson Crescent Karrinyup WA 6018 Australia

T+61 8 9446 5293 F+61 8 6210 1567