The company announces the following unaudited data                             
                                                                               
as at 24 March 2005:                                                           
                                                                               
NAV per Zero dividend share                                             139.93p
                                                                               
NAV per Ordinary share (excluding current year income)                   61.84p
                                                                               
Total Assets                                                        �43,670,025
                                                                               



END



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