BRM NAV as at 27/6/18 – $0.7118

BRM NAV as at 27/6/18 - $0.7118 Date 27/6/2018 20/6/2018 BRM NAV $0.7118 $0.7093 Share price close $0.61 $0.60 Discount 14% 15% The above net asset value (NAV) is unaudited and net of fees and tax. The NAV per share is calculated after deducting treasury stock of 422,910 shares (acquired under the Barramundi buyback programme). A performance fee payable to the Manager, is currently being accrued in the NAV. The five largest portfolio holdings at 27 June 2018 are approximately as follows: SEEK 7% CSL Limited 7% Carsales.com 6% Commonwealth Bank 5% National Australia Bank 4% BACKGROUND Barramundi is a listed investment company that invests in growing Australian companies. The Barramundi portfolio is managed by Fisher Funds, a specialist investment manager with a track record of successfully investing in growth company shares. The aim of Barramundi 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. Barramundi listed on the NZX Main Board on 26 October 2006 and may invest in companies that are listed on an Australian stock exchange or unlisted companies. Contact Corporate Manager Barramundi Limited Tel +64 9 4840352 End CA:00320077 For:BRM Type:MKTUPDTE Time:2018-06-28 15:42:02