Net Asset Value(s)

The net asset value of Edinburgh Dragon Trust plc as at the close of business on 12 March 2003 are as follows: (For Edinburgh Fund Managers plc, Company Secretary) Undiluted nav (p): 57.89 Fully dilute nav (p): n/a Potential Gearing: 144.9 Actual Gearing: 108.30 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/03/13/20030313BIT01160/wkr0001.doc http://www.waymaker.net/bitonline/2003/03/13/20030313BIT01160/wkr0002.pdf

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