KFL – NAV as at 28/08/19 – $1.5320

KFL NAV as at 28/8/19 - $1.5320 Date 28/8/2019 21/8/2019 KFL NAV $1.5320 $1.5515 Share price close $1.43 $1.43 Discount 7% 8% 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 300,465 shares (acquired under the Kingfish buyback programme). The five largest portfolio holdings at 28 August 2019 are approximately as follows: The a2 Milk Company Limited 15% Fisher & Paykel Healthcare 14% Mainfreight Limited 14% Infratil Limited 9% Summerset Group Limited 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:00340054 For:KFL Type:MKTUPDTE Time:2019-08-29 13:31:07