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GLOBAL MASTERS FUND LIMITED Net Asset Value 2013

Oct 10, 2013

64981_rns_2013-10-10_3f55b281-3501-4323-97fd-774240f6058e.pdf

Net Asset Value

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10 October 2013

Company Announcements Office Australian Stock Exchange Exchange Centre Level 6, 20 Bridge Street SYDNEY NSW 1215

Net Tangible Asset Backing at 30 September 2013

The unaudited NTA of the Company was as follows:

Before estimated After estimated
tax on unrealised tax on unrealised
gains gains
at 30 September 2013 125.84 ¢ 120.63 ¢
at 31 August 2013 126.67 ¢ 120.92 ¢

At 30 September 2013 AUD (Australian Dollar) strengthened against USD (United States Dollar). On the other hand AUD was weaker against GBP (British Pound) and the overall result was a fall in the NTA per share of Global Masters Fund Limited at 30 September 2013. At 30 September 2013, share prices of Athelney Trust (ATY) and Berkshire Hathaway (BRK), were higher compared to 31 August 2013.

The AGM of the company will be held at 11 am on Thursday 24 October 2013 at the address shown below.

For further information please call the Company Secretary on 1300 552 660.

Yours faithfully,

GLOBAL MASTERS FUND LIMITED

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Brian Jones Company Secretary

Global Masters Fund Limited Level 1 ABN 84 109 047 618 12 O’Connell Street Tel: +61 1300 552 660 Sydney NSW 2000 Fax: +61 2 8815 5401 Australia Email: [email protected] www.globalmastersfund.com.au