RNS Number:1151U
Pavilion Geared Recovery Trust PLC
5 April 2002


PAVILION GEARED RECOVERY TRUST PLC

The Company announces that the Net Asset Values at 31 March 2002 were:

per Ordinary Income share                        49.63p

per Zero Dividend Preference share              105.55p


                      This information is provided by RNS
            The company news service from the London Stock Exchange
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