Net Asset Backing
/New Zealand Exchange Limited
P.O. Box 2959
Wellington
7 October 2011
Dear Sir,
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 56.4 cents.
NET ASSET BACKING PER SHARE
Per WID share
Diluted Net Assets per share
The fully diluted NTA per WID share is $0.98 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.
Net asset data is also available on our website (www.widespread.co.nz) and is updated daily. For more information on Chatham Rock Phosphate Limited see www.rockphosphate.co.nz.
For and on behalf of the Board,
Chris D Castle
Rotterdam, 7 October 2011