Net Asset Value(s)

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The net asset value of Edinburgh Dragon Trust plc as at the close of business on 27 May 2002 are as follows: Edinburgh Dragon Trust plc Undiluted nav (p): 85.07 Fully dilute nav (p): 83.95 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/2002/05/28/20020528BIT00480/wkr0001.doc http://www.waymaker.net/bitonline/2002/05/28/20020528BIT00480/wkr0002.pdf