Net Asset Value(s)

The net asset value of Edinburgh Dragon Trust plc as at the close of business on 31 March 2003 are as follows: (For Edinburgh Fund Managers plc, Company Secretary) Undiluted nav (p): 59.00 Fully dilute nav (p): n/a Potential Gearing: 145.0 Actual Gearing: 108.2 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/04/01/20030401BIT00730/wkr0001.doc http://www.waymaker.net/bitonline/2003/04/01/20030401BIT00730/wkr0002.pdf