KFL ex-div NAV as at 13/6/18 – $1.5304

KFL NAV as at 13/6/18 - $1.5304 (after deducting 2.89cps dividend payable) Date 13/6/2018 6/6/2018 KFL NAV $1.5304 $1.5338 Share price close $1.37 $1.39 Discount 10% 9% The above net asset value (NAV) is unaudited and net of fees and tax. The NAV per share is after deducting an accrual for a 2.89 cents per share dividend to be paid on 29 June 2018. The NAV per share is also calculated after deducting treasury stock (shares acquired under the Kingfish buyback programme) - currently nil. A performance fee payable to the Manager is currently being accrued in the NAV. The five largest portfolio holdings at 13 June 2018 are approximately as follows: Fisher & Paykel Healthcare 12% Mainfreight 11% Freightways 10% Ryman Healthcare 8% The a2 Milk Company 7% BACKGROUND Kingfish is a listed investment company that invests in growing New Zealand companies. The Kingfish portfolio is managed by Fisher Funds, a specialist investment manager with a track record of successfully investing in growth company shares. The aim of Kingfish is to offer investors competitive returns through capital growth and dividends, and access to a diversified portfolio of investments through a single tax-efficient investment vehicle. Kingfish listed on NZX Main Board on 31 March 2004 and may invest in companies that are listed on a New Zealand stock exchange or unlisted companies. Contact Corporate Manager Kingfish Limited Tel +64 9 4840352 End CA:00319375 For:KFL Type:MKTUPDTE Time:2018-06-14 15:18:31