RNS Number:5970V
Australian Opp Inv Tst PLC
7 May 2002

It is announced that at the close of business on 30th April 2002, the un-audited
Net Asset Values per ordinary share (AITC Ex Income basis) of the following
investment trust company managed by Ingot Capital Management Pty Ltd is:-

Australian Opportunities Investment Trust Plc Basic Net Asset Value 72.48p per
ordinary share

Australian Opportunities Investment Trust Plc Fully Diluted Net Asset Value
81.33p per ordinary share



Phoenix Administration Services Limited



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