RYDER CAPITAL LIMITED — Net Asset Value 2016

Sep 8, 2016

RYDER CAPITAL LIMITED

9 September 2016

Market Announcements Platform Australia Securities Exchange 20 Bridge Street SYDNEY NSW 2000

Net Tangible Asset Backing per share at 31 August 2016

The monthly net tangible asset value of Ryder Capital Limited (RYD) shares as at 31 August 2016 was $1.0847 per share pre-tax and $1.0599 per share post-tax.

Investment Performance[(1)]

	At 31 August 2016	3 Months(%)	6 Months(%)	Inception to Date (2)(%)
NTA Return (Pre Tax)Hurdle (RBA Cash Rate + 4.25% Return)Excess ReturnNTA Return (Pre Tax) - RBA Cash Rate + 4.25%	1.0847	9.671.468.21	11.433.008.43	3.679.445.77

1. Unaudited investment performance less all costs of operating Ryder Capital Ltd including investment management and performance fees

2. Inception Date of 28 September 2015

Portfolio Asset Allocation

Cash	34.6%
Fixed Interest	5.1%
Equities	60.3%
Total	100.0%

Yours faithfully,

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David Bottomley

Company Secretary

Level 25, 88 Phillip Street SYDNEY NSW 2000 I www.rydercapital.com.au

T +61 (2) 8211 2790 F +61 (2) 8211 0555 I ABN 57 606 695 854