Date: 11 February 2021

ASX Code: TOP

MONTHLY NET TANGIBLE ASSET BACKING STATEMENT - JANUARY 2021

In accordance with ASX Listing rule 4.12 we advise the following:

Net Tangible Asset backing per share (NTA)

NTA current month

Before Tax¹

After Tax¹

31 January 2021

69.0 cents

67.7cents

NTA previous month

Before Tax¹

After Tax¹

31 December 2020

71.3 cents

69.0 cents

NTA end of last financial year

Before Tax

After Tax

30 June 2020

59.4 cents

61.0 cents

¹ Figures are unaudited and approximate.

Please direct enquiries to:

Craig Smith

Company Secretary

Email:craig.smith@thorney.com.au Telephone: + 61 3 9921 7116

Website:http://thorneyopportunities.com.au/

THORNEY OPPORTUNITIES LTD ABN 41 080 167 264 Level 39, 55 Collins St. Melbourne VIC 3000 Australia

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Thorney Opportunities Limited published this content on 11 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 February 2021 23:14:06 UTC.