SVE.L Regulatory News (SVE)

2 Jul 2007 12:14

Starvest PLC02 July 2007 Starvest plc Net asset value at 30 June 2007 The Directors report a 25% increase of £3.8m in the value of the Starvestportfolio since 31 March 2007, the date of the last quarterly update. The net asset value based on mid-market closing prices on Friday 29 June 2007was £19.2m, which equates to 47.4 pence per share, an increase of 9.7 pence pershare since 31 March. All values are calculated on a fully diluted pre taxbasis, except that a full tax provision has been made on realised tradingprofits. During the quarter, the Starvest share price has risen from 26.5 pence to closeat 31.75 pence; the discount to net asset value at 30 June 2007 was 33%. Interim statement The Directors plan to issue a nine month interim statement on 12 July 2007. Periodic updates Investors who wish to receive electronic copies of announcements are invited toregister their email address on the home page of the Company website:www.starvest.co.uk. Enquiries to: Bruce Rowan, Chairman, telephone 020 7486 3997 or John Watkins, FinanceDirector, telephone 01483 771992 or to john@starvest.co.uk Gerry Beaney or Colin Aaronson, Grant Thornton Corporate Finance, telephone 0207383 5100 2 July 2007 End This information is provided by RNS The company news service from the London Stock Exchange