Net Asset Value(s)

The net asset value of Edinburgh Dragon Trust plc as at the close of business on 6 January 2003 are as follows: (For Edinburgh Fund Managers plc, Company Secretary) Undiluted nav (p): 63.69 Fully dilute nav (p): 63.53 Potential Gearing: 140.9 Actual Gearing: 104.5 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/01/07/20030107BIT00270/wkr0001.doc http://www.waymaker.net/bitonline/2003/01/07/20030107BIT00270/wkr0002.pdf