ICG Enterprise Trust Regulatory News (ICGT)

22 Nov 2006 07:01

Graphite Enterprise Trust PLC22 November 2006 ANNOUNCEMENT TO STOCK EXCHANGE GRAPHITE ENTERPRISE TRUST PLC 22 November 2006 The Board of Graphite Enterprise Trust plc announces that the net asset valueper share as at 30 September 2006 was 425.5p. This represents an increase innet asset value per share of 6.8% over the net asset value per share of 398.4pat 31 December 2005 and compares with a rise of 7.1% in the FTSE All-Share Indexin the same period. The summary balance sheet as at 30 September 2006 is set out below: £m % of total assetsInvestment portfolio 195.3 53.8%FTSE 100 Call Option 25.5 7.0%Total portfolio 220.8 60.8%Net current assets 142.3 39.2%Total assets 363.1 100.0% The Company was effectively 90.0% invested as a percentage of total net assetsat 30 September 2006 (30 June: 85.4%), taking into account the effect of theoption. In the three months to 30 September 2006, additions to the investment portfoliowere £24.9 million (year to date: £67.1 million), and disposals were £9.6million (year to date: £67.0 million). There were no new commitments to fundsin the three month period, and outstanding commitments at 30 September 2006 were£163.4 million. A number of fund commitment opportunities are currently beingconsidered. The Company will not make a special dividend payment in 2006 but it is likelythat there will be an increase in the final dividend. This information is provided by RNS The company news service from the London Stock Exchange