Net Asset Value(s)

The net asset value of Edinburgh Dragon Trust plc as at the close of business on 20 February 2003 are as follows: (For Edinburgh Fund Managers plc, Company Secretary) Undiluted nav (p): 63.76 Fully dilute nav (p): 63.59 Potential Gearing: 141.2 Actual Gearing: 108.6 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/02/21/20030221BIT00420/wkr0001.doc http://www.waymaker.net/bitonline/2003/02/21/20030221BIT00420/wkr0002.pdf