Ozgrowth Limited : Net Tangible Asset Backing

February 2013 Update Security Information

Code OZG.ASX Last Price 19.5 cents Shares on Issue 359.5m Market Capitalisation $70.1m Net Tangible Assets $88.3m Share Price Discount to NTA -20% Current Year Target Dividend 1.5 cents Yield on Target Dividend 7.7%

Net Tangible Assets

Date	NTA Before Tax*	NTA After Tax*	Cumulative Fully Franked Dividends
Dec-2007	20.0c	20.0c	0.0c
Jun-2008	21.3c	20.9c	0.2c
Jun-2009	19.7c	20.0c	0.2c
Jun-2010	20.9c	20.9c	1.6c
Jun-2011	23.8c	23.1c	3.3c
Jun-2012	22.3c	22.5c	4.3c
Jan-2013	24.9c	24.4c	4.8c
Feb-2013	25.2c	24.5c	4.8c

• Portfolio rises in value by 1.1% in month of February with rise muted by continuing poor performance of Small Resources sector .

• NTA up 0.1 cents over the month to 24.5 cents, now up 2.5 cents for the financial year after allowance for the interim dividend.

• Broad market has moved back to the level at time of OZG listing for first time; OZG has grown NTA by 46% after allowance for dividends over the same time.

*The before and after tax NTA numbers above refer to the provision for unrealised gains in the Company's investment portfolio. The Before Tax number is prior to recognition of a provision for tax credits/debits on disposal of the company's portfolio of assets. The After Tax figure includes allowance for this provision.

Portfolio Holdings Ozgrowth Limited

Ozgrowth Limited is a listed public company (ASX Code: OZG) that has been established to provide investors with an exposure to a portfolio of assets that are intended to show consistent positive returns.

The portfolio of assets is managed by Westoz Funds Management Pty Ltd, a 100% owned subsidiary of Euroz Limited (ASX Code: EZL).

Whilst the majority of investments will be sourced from the Australian equity market, the portfolio is intended to produce the desired returns regardless of the general direction of that market. Ozgrowth Limited will also consider unlisted investment opportunities as appropriate.

For more information on Ozgrowth Limited, please refer to our web site www.ozgrowth. com.au

Resources

30%

90%

70%

50%

Industrials

44%

Cash

26%

Portfolio Performance*

Ozgrowth

30%

For Further Information

Philip Rees, Executive Director

Tel: [phone]

Email: [e-mail]

Dermot Woods, Executive Director

10%

-10%

-30%

-50%

All Ords

Accumulation

Tel: [phone]

Email: [e-mail]

Dec-07 Jun-08 Dec-08 Jun-09 Dec-09 Jun-10 Dec-10 Jun-11 Dec-11 Jun-12 Dec-12

* Portfolio performance represents the return on the company's gross investment portfolio before all fees, expenses and taxes.

O zgr o wth Limit ed

ABN 52 126 450 271

Level 18, Alluvion

58 Mounts Bay Road

Perth Western Australia 6000

Telephone: [phone]

Facsimile: [phone]

Web: www.ozgrowth.com.au

PO Box Z5036

St Georges Terrace

Perth Western Australia 6831