New Zealand Exchange Limited
P.O. Box 2959
27 February 2012
Widespread Portfolios Net Asset Backing
We wish to advise that the unaudited net asset backing per Widespread Portfolios share, as at 8 a.m. today is 53.8 cents.
Diluted Net Assets per share
The fully diluted NTA per WID share is $0.97 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.
For and on behalf of the Board,
Chris D Castle
Seattle, 27 February 2012