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L1 GLOBAL LONG SHORT FUND LIMITED Net Asset Value 2015

Dec 6, 2015

64996_rns_2015-12-06_ddb5e8f2-a255-4abd-8e00-6dd1208b0e92.pdf

Net Asset Value

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==> picture [144 x 39] intentionally omitted <==

7 December 2015

The Manager ASX Market Announcements Australian Securities Exchange Limited Sydney NSW 2000

By e-Lodgement

The unaudited pre-tax net tangible assets ( pre-tax NTA ) of Platinum Capital Limited ( PMC ) as at 30 November 2015 was $1.61 per share (31/10/15 $1.65).

The unaudited post-tax net tangible assets ( post-tax NTA ) of PMC as at 30 November 2015 was $1.56 per share (31/10/15 $1.59).

The NTA was calculated on a liquidation basis using the last sale price to value investments. Investments were stated at net market value after provision for tax on both realised and unrealised income and gains.

At 30 November 2015, the PMC share price was $1.875.

The 30 November 2015 monthly update for PMC is available on the Platinum website at:www.platinum.com.au/Our-Funds/Platinum-Capital-Limited/#MonthlyUpdates

J Vynokur Company Secretary

Level 8, 7 Macquarie Place, Sydney NSW 2000, Australia | GPO Box 2724, Sydney NSW 2001 Telephone 61 2 9255 7500 | Investor Services 1300 726 700 | Facsimile 61 2 9254 5555 | Email [email protected] | Website www.platinumcapital.com.au Platinum Capital Limited ABN 51 063 975 431