Net Asset Value(s)

Advance UK Trust plc announces that its unaudited Net Asset Value (NAV) as at the close of business on 31st March 2003 was £38.490 millions, representing a NAV of 90.62 pence per share. Visit our website at http://www.pro-asset.com/ ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/04/03/20030403BIT00400/wkr0001.doc http://www.waymaker.net/bitonline/2003/04/03/20030403BIT00400/wkr0002.pdf