ECP EMERGING GROWTH LIMITED — Net Asset Value 2017

Sep 7, 2017

ABN 30 167 689 821

8 September 2017

The Manager Company Announcements Office ASX Ltd Exchange Centre Level 6, 20 Bridge Street SYDNEY NSW 2000

Suite 305, Level 3 343 George Street SYDNEY NSW 2000

Telephone 02 8651 6800 Facsimile 02 8651 6899

www.barrackst.com

Dear Sir

Net Tangible Asset (NTA) Backing per Share & Top 5 Investments – 31 August 2017

The unaudited NTA backing per share of the Company at 31 August 2017 was as follows:

			Before	After
			estimated tax on	estimated tax on
			unrealized gains	unrealized gains
at	31	August 2017	105.22 c	104.94 c
at	31	July2017	104.93 c	104.93 c

The NTA figures shown above are before and after the provision for deferred tax on the unrealized gains in the Company’s investment portfolio. The Company is a long-term equity investor and does not intend to dispose of its total portfolio.

The top five investments of the Company at 31 August 2017 were as follows:

	Name of Company	Name of Company	Name of Company	Percentage of Total Portfolio	Percentage of Total Portfolio	Percentage of Total Portfolio
	Domino Pizza Enterprises			7.19 %
		Carsales.Com Ltd		6.5	9 %
		Cochlear Limited		6.4	9 %
		TPG Telecom Limited		6.3	9 %
		Reliance Worldwide		6.3	5 %
		Tl T 5 Ei I		33	1 %
If, you ha		ota op quty nvestments		.
		ve any questions please call the Co	mpany Secretary on (02)
Yr in		rl

If, you have any questions please call the Company Secretary on (02) 8815 5400.

Yours sincerely

BARRACK ST INVESTMENTS LIMITED

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Brian Jones Company Secretary