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EXCELSIOR CAPITAL LTD Net Asset Value 2019

Oct 13, 2019

64816_rns_2019-10-13_56319b5a-7201-40eb-ae8c-3a109a808297.pdf

Net Asset Value

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Excelsior Capital Limited ABN 98 050 542 553 18-20 Railway Road, Meadowbank, NSW 2114, Australia Telephone: (02) 9807 6155 Facsimile: (02) 9808 4155 Email: [email protected] www.cmilimited.com.au

14 October 2019

ASX ANNOUNCEMENT Excelsior Capital Limited (ASX: ECL)

Net Tangible Assets (NTA) backing per share as at 30 September 2019:

NTAof: Cents
Investment Portfolio 68.58
Electrical Division1 69.44
Consolidated Group 138.02

1 The calculation of the NTA backing per share (after tax) for the Electrical Division is based on the 30 June 2019 Excelsior Capital Limited Financial Report, adjusted for the FY19 final dividend of $869,834 paid in September 2019.

Michael Copeland Director

About Excelsior (ASX: ECL): Excelsior is a listed Investment Entity, originally established in 1991, and listed on the ASX in 1993. Excelsior Capital Limited’s operations comprise the design and distribution of electrical components and cables for resource and infrastructure applications through its Electrical Division and a substantial investment portfolio.