Net Asset Value(s)

The net asset value of Edinburgh Dragon Trust plc as at the close of business on 9 January 2003 are as follows: (For Edinburgh Fund Managers plc, Company Secretary) Undiluted nav (p): 63.79 Fully dilute nav (p): 63.62 Potential Gearing: 140.9 Actual Gearing: 106.4 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/01/10/20030110BIT00360/wkr0001.doc http://www.waymaker.net/bitonline/2003/01/10/20030110BIT00360/wkr0002.pdf