Net Asset Value(s)

Limited, as company secretary, announces the unaduited net asset value (compiled on the AITC basis excluding current period revenue unless otherwise stated) of the following investment trust as at the close of business on 17 Dec 2002 Per Capital Share: 0.00p Per Income Share (excluding undistributed revenue): 30.20p Per Zero Dividend Share: 74.43p ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/12/18/20021218BIT01300/wkr0001.doc http://www.waymaker.net/bitonline/2002/12/18/20021218BIT01300/wkr0002.pdf