KEYBRIDGE CAPITAL LIMITED — Net Asset Value 2014

Jun 12, 2014

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13 June 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

May 2014

Date	Unaudited NTAper share after tax
31 May 2014	23.6 cents*
30 April 2014	23.8 cents*

• Based on 158,843,510 shares on issue.

As at 30 April 2014, the value of the Company’s investments by asset class was as follows:

		May 2014	May 2014	April	2014
	$ million		% of total	$ million	% of total
NetCash~~#~~	15.8		42%	17.4	46%
Infrastructure	6.9		19%	7.0	19%
Private Equity	5.3		14%	5.3	14%
Listed Equity	5.3		14%	4.3	11%
Property	2.5		7%	2.2	6%
Lending	1.7		5%	1.6	4%
	37.5		100%	37.8	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	4.8m	-	4.8m
Euros	4.6m	-	4.6m

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

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----- Start of picture text ----- Investments By Asset ClassLendingProperty 5%7%Cash42%Listed Equity14%Private Equity14%Infrastructure19%----- 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

Company Secretary Tel: +61 2 9321 9000 Email: amartin@keybridge.com.au www.keybridge.com.au