Date: 8 October 2020

ASX Code: TOP

MONTHLY NET TANGIBLE ASSET BACKING STATEMENT - SEPTEMBER 2020

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 September 2020

64.1 cents

64.2 cents

NTA current month

Before Tax

After Tax

31 August 2020

62.4 cents

62.6 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/

THORNEY OPPORTUNITIES LTD ABN 41 080 167 264

Level 39, 55 Collins St. Melbourne VIC 3000 Australia

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Thorney Opportunities Limited published this content on 08 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 October 2020 07:29:07 UTC