Net Asset Value(s)

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The net asset value of Edinburgh Dragon Trust plc as at the close of business on 14 March 2003 are as follows: (For Edinburgh Fund Managers plc, Company Secretary) Undiluted nav (p): 59.89 Fully dilute nav (p): n/a Potential Gearing: 144.1 Actual Gearing: 107.9 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/03/17/20030317BIT00520/wkr0001.doc http://www.waymaker.net/bitonline/2003/03/17/20030317BIT00520/wkr0002.pdf