KEYBRIDGE CAPITAL LIMITED — Net Asset Value 2014

Sep 14, 2014

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15 September 2014

The Manager ASX Markets Announcements Australian Securities Exchange Exchange Centre Level 4, 20 Bridge Street Sydney NSW 2000

Via Electronic Lodgement

Monthly Net Tangible Assets Per Share

August 2014

Date	Unaudited NTAper share after tax*
31 August 2014	22.8 cents
31 July 2014	22.7 cents

• Based on 158,693,510 shares on issue.

As at 31 August 2014, the value of the Company’s investments by asset class was as follows:

	August 2014	August 2014	**July **	2014
	**$ million **	**% of total **	**$ million **	**% of total **
Net Cash~~#~~	10.9	30%	13.6	38%
Infrastructure	6.4	18%	7.0	19%
ListedEquity	5.7	16%	5.4	15%
PrivateEquity	5.4	15%	5.3	15%
Foundation Life	3.4	9%	0.1	0%
Property	2.5	7%	2.5	7%
Lending	1.9	5%	2.2	6%
	36.2	100%	36.1	100%

• Net of short-term creditor payment obligations.

Currency Exposure

The approximate breakdown of the Company’s foreign currency assets and liabilities is as follows:

	Assets	Liabilities	Net
USDollars	5.0m	-	5.0m
Euros	4.8m	-	4.8m
NZ Dollar	3.8m	-	3.8m

This net foreign currency asset position means that the Company incurs translation losses when the Australian Dollar appreciates in value against the US Dollar, Euro and NZ Dollar.

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----- Start of picture text ----- Investments By Asset ClassLending5%Property7%Foundation Life9%Cash30%Private Equity15%Infrastructure18%Listed Equity16%----- End of picture text -----

Keybridge Capital is a financial services company that has invested in, or lent to, transactions which predominantly are in the core asset classes of property, aviation, lending, shipping and infrastructure.

For further information, please contact:

Adrian Martin Chief Financial Officer Tel: +61 2 8622 6692 Email: amartin@keybridge.com.au www.keybridge.com.au