New Zealand Exchange Limited
P.O. Box 2959
31 May 2012
Widespread Portfolios NTA per share 47.1c, share price 11.5c
We wish to advise that the unaudited net asset backing per Widespread Portfolios share, as at 8 a.m. today is 47.1 cents.
The table below provides further detail.
NET ASSET BACKING PER SHARE
Diluted Net Assets per share
The fully diluted NTA per WID share is $0.90 assuming the listed warrants are exercised @ $2.982 and the unlisted director-held warrants are exercised @ $3.282. All warrants expire on 30 June 2012 unless they are extended until 2017, a proposal yet to be approved by warrant-holders.
For and on behalf of the Board,
Chris D Castle
Windhoek, 31 May 2012