THORNEY OPPORTUNITIES LTD

ACN 080 167 264

ASX Announcement Date: 12 December 2018

ASX Code: TOP

MONTHLY NET TANGIBLE ASSET BACKING STATEMENT - NOVEMBER 2018

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

Net Tangible Asset backing per share (NTA)

NTA current month

Before Tax

After Tax

30 November 2018

75.2 cents

72.4 cents

NTA previous month

Before Tax

After Tax

31 October 2018

73.2 cents

70.7 cents

All figures are unaudited and approximate.

Please direct enquiries to:

Craig Smith

Company Secretary

Email:craig.smith@thorney.com.au Telephone: + 61 3 9921 7116

Website:http://thorneyopportunities.com.au/

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

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Thorney Opportunities Limited published this content on 12 December 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 11 December 2018 21:49:04 UTC