Net Asset Value(s)

The net asset value of Edinburgh Dragon Trust plc as at the close of business on 24 May 2002 are as follows: Edinburgh Dragon Trust plc Undiluted nav (p): 85.04 Fully dilute nav (p): 83.91 Potential Gearing: 133.8 Actual Gearing: 109.4 For Edinburgh Fund Managers plc David Holland Company Secretary ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/05/27/20020527BIT00370/wkr0001.doc http://www.waymaker.net/bitonline/2002/05/27/20020527BIT00370/wkr0002.pdf