THORNEY OPPORTUNITIES LTD — Net Asset Value 2017

Jan 12, 2017

THORNEY OPPORTUNITIES LTD ACN 080 167 264

ASX Announcement Date: 13 January 2017

ASX Code: TOP

MONTHLY NET TANGIBLE ASSET BACKING STATEMENT – DECEMBER 2016

In accordance with ASX Listing rule 4.12 we advise the following:

Net Tangible Asset backing per share (NTA)

NTA	Before Tax	After Tax
31 December 2016	73.4 cents	70.0 cents
NTA	Before Tax	After Tax
30 November 2016	72.4 cents	69.4 cents

Please direct enquiries to:

Craig Smith Company Secretary T: + 61 3 9921 7116

Level 39, 55 Collins Street, Melbourne Vic 3000 Telephone + 61 3 9921 7116 Facsimile + 61 3 9921 7100