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ECP EMERGING GROWTH LIMITED Net Asset Value 2018

Jun 6, 2018

64817_rns_2018-06-06_89a46411-e447-4180-a21a-d4c35e1b1a27.pdf

Net Asset Value

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ABN 30 167 689 821

7 June 2018

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 1800 352 474 Facsimile 02 8651 6899

www.barrackst.com

Dear Sir

Net Tangible Asset (NTA) Backing per Share & Top 5 Investments – 31 May 2018

The unaudited NTA backing per share of the Company at 31 May 2018 was as follows:

Beforeestimated tax onunrealised gains Afterestimated tax onunrealised gains
at 31 May 2018 117.3 c 115.1 c
at 30 April 2018 110.2 c 109.5 c

The NTA figures shown above are before and after the provision for deferred tax on the unrealised 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 May 2018 were as follows:

five investments of the Company at 31 May 2018 were as follows:
Name of Company Percentage of Total Portfolio
Domino Pizza Enterprises 7.99 %
Magellan Financial GroupLtd 7.40 %
Pendal GroupLtd 6.84 %
Carsales.Com Ltd 6.40 %
Corporate Travel Limited 6.15 %
Total Top 5 Equity Investments 34.78%

If you have any questions, please call the Company Secretary on 1800 352 474.

Yours sincerely

BARRACK ST INVESTMENTS LIMITED

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Brian Jones Company Secretary