Net Asset Value(s)

as at 13 August 2015 - Using BID Valuations
NAV per ord share (excl income) with debt at par value	1195.96
NAV per ord share (excl income) with debt at market value*	1177.65
NAV per ord share (incl income) with debt at par value	1217.46
NAV per ord share (incl income) with debt at market value*	1199.16
*based on the mid market value of the debenture debt at valuation point,
source: Interactive Data
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