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LION SELECTION GROUP LIMITED. Net Asset Value 2015

Sep 10, 2015

65271_rns_2015-09-10_75075ba1-475f-445b-9f9a-186fbac07f2d.pdf

Net Asset Value

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ASX RELEASE : LSX

Net Tangible Asset Backing

Lion Selection Group Limited (Lion) advises that the unaudited net tangible asset backing of Lion as at 31 August 2015 is $0.29 per share (after tax).

**Commodity ** Market Value
A$M% Portfolio
Australia
Doray Mineralsl Goldhh 3.210
Rum Junge ResourcesAuricup Resources PospateGold .0.9 16%
Africa
Roxgold Gold 4.4
Toro Gold Gold 1.2
Other Africa 1.4
Cash dedicated to Africa 1 2.0 29%
Asia 2
One Asia Resources Gold 8.3
Asian Mineral ResourcesOth Ai Nickel 1.804 34%
er sa .
Iron
Americas Ore/Coal 0.2 1%
Uncommitted Net Cash6.220%

1 Includes committed cash of US$1.2 million to AFL3.

2 One Asia at a value of A$0.18/share.

Note: The above table includes investments held directly by Lion and the value to Lion of investments which are held by African and Asian Lion Funds

Lion Selection Group Limited ABN 26 077 729 572 Level 4, 15 Queen Street, Melbourne Vic 3000 T: +61 3 9614 8008 F: +61 3 9614 8009 www.lsg.com.au

Further enquiries: Craig Smyth E: [email protected]