Repayment of Bank Borrowings
August 01 2003 - 12:47PM
UK Regulatory
Exeter Selective Assets Investment Trust PLC
REPAYMENT OF BANK BORROWINGS
The Company has repaid �858,000 of its loan with Bank of Scotland and �642,000
of its loan with Lloyds TSB. Swap breakage costs incurred in the repayments
were �53,824 to Bank of Scotland and �49,231 to Lloyds TSB. Following these
repayments the Company has total assets (valued at mid-market prices) as at 31
July 2003 of �26.4 million and borrowings of �21.9 million.
The Company's assets and liabilities are as follows:
�m
Quoted Investments 26.191
Net Current Assets 0.249
Total Assets 26.440
Total Borrowings 21.851*
*�12.491 million with Bank of Scotland and �9.360 million with Lloyds TSB.
1 August 2003
END