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ECP EMERGING GROWTH LIMITED Net Asset Value 2017

Aug 9, 2017

64817_rns_2017-08-09_0d482ebe-bbc3-430a-8346-4de93889fadf.pdf

Net Asset Value

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ABN 30 167 689 821

10 August 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 July 2017

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

Before
estimated tax on
unrealized gains
After
estimated tax on
unrealized gains
at 31 July2017 104.93 c 104.93 c
at 30 June 2017 105.06 c 105.06 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 July 2017 were as follows:

Name of Company Percentage of Total Portfolio
Carsales.Com Ltd 6.87 %
Domino Pizza Enterprises 6.86 %
TPG Telecom Limited 6.58%
Magellan Financial GroupLtd 6.42 %
Reliance Worldwide 5.88 %
Total Top 5 Equity Investments 32.61 %

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