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KEYBRIDGE CAPITAL LIMITED Net Asset Value 2016

Nov 9, 2016

65174_rns_2016-11-09_7a52eb78-dde9-41c0-ac76-915c01df06b3.pdf

Net Asset Value

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ASX Code: KBC

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ASX ANNOUNCEMENT

10 November 2016

Monthly Net Asset Value (NAV) Per Share – October 2016 Unaudited

Date Unaudited NAV per share^ after tax
31 October 2016 18.6 cents
30 September 2016 18.8 cents
30 June 2016 18.8 cents

^ Based on 158,812,237 quoted shares on issue (excludes shares issued under the Executive Share Plan).

As at 31 October 2016, the value of Keybridge Capital Limited’s (“Keybridge”) investments by asset class was as follows:

CashListed EquityOther investments:- Private Equity- Solar- Foundation Life- PropertyPlus: Short Term AssetsLess:ShortTerm LiabilitiesLess: CRPNNet Assets **Oct ** 2016 **Sep ** 2016
AUD million % of total AUD million % of total
0.716.76.65.83.30.934.00.5(0.6)(4.3)29.6 2%50%19%17%10%2%100% 1.315.76.66.23.30.934.00.4(0.4)(4.1)29.9 3%46%20%19%10%2%100%

Currency Exposure

The breakdown of Keybridge’s net currency exposure, as a percentage of total NAV (Australian Dollar equivalent) is as follows:

Oct 2016 Sep 2016
Net Foreign Currency Assets %of NAV Net Foreign Currency Assets %of NAV
Australian Dollars 52% 52%
Euros 18% 19%
USDollars 20% 19%
New Zealand Dollars 10% 10%

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

For further information, please contact:

Ian Pamensky

Chief Financial Officer Tel: +61 3 8687 2267 Email: [email protected] www.keybridge.com.au


Keybridge Capital Limited (ASX: KBC) is an investment and financial services group with a diversified portfolio of listed and unlisted investments in solar, private equity, life insurance, property and funds management assets amongst others, including strategic holdings in HHY Fund (ASX:HHY), Molopo Energy Limited (ASX:MPO), PTB Group Limited (ASX:PTB), Metgasco Limited (ASX: MEL) and NAOS Absolute Opportunities Company Limited (ASX:NAC).

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