Net Asset Value(s)

Advance Value Realisation Company Limited announces that its unaudited net asset value 31st March 2003 was £4.443 million, representing a net asset value per ordinary share of 45.11p. 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/2003/04/02/20030402BIT01420/wkr0001.doc http://www.waymaker.net/bitonline/2003/04/02/20030402BIT01420/wkr0002.pdf