Net Asset Value(s)

Caledonia Investments plc

Unaudited net asset value per share at 30 November 2019

Caledonia Investments plc ("Caledonia") announces that its unaudited diluted net asset value per share ("NAV") as at 30 November 2019, calculated on a cum-income basis, was 3703p.

Enquiries

Caledonia Investments plc

Will Wyatt (Chief Executive)

Tim Livett (Chief Financial Officer)

Tel: +44 20 7802 8080

Tulchan Communications

Lisa Jarrett-Kerr

Tom Murray

Tel: +44 20 7353 4200

6 December 2019

END

The monthly reported NAV per share, together with performance statistics and information on the valuation of principal investments, is available on Caledonia's website at www.caledonia.com.