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ECP EMERGING GROWTH LIMITED Net Asset Value 2019

Feb 4, 2019

64817_rns_2019-02-04_1bc210d2-3fbb-421e-b7dd-ee0f3fc3d298.pdf

Net Asset Value

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ABN 30 167 689 821

5 February 2019

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 January 2019

The unaudited NTA backing per share of the Company at 31 January 2019 was as follows:

The unaudited NT The unaudited NT A backing per sha re of the Company re of the Company at 31 January 20 at 31 January 20 19 was as follows:
Beforeestimated tax onunrealised gains Afterestimated tax onunrealised gains
at 31 January 2019 113.5 c 113.0 c
at 31 December 2018 107.0 c 107.0 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 January 2019 were as follows:

Name of Company Percentage of Total Portfolio
Pendal GroupLtd 7.05 %
Domino Pizza Enterprises 6.89 %
SEEK Limited 6.80 %
Corporate Travel 6.11 %
Magellan Fin GrpLtd 5.80 %
Total Top 5 Equity Investments 32.65 %

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