Net Asset Value(s)

25 Jan 2007 15:43

THE ZERO PREFERENCE GROWTH TRUST PLC

The Company announces that the bid price Net Asset Values, including current period revenue, at 23 January 2007 were:

per Ordinary unit 70.24p per Growth share 7.76p

per Zero Dividend Preference share 62.48p

Gross assets less current liabilities ‚£14.47m

On 22 January 2007, the Company decreased the total amount drawn down under the Bank of Scotland facility by ‚£250,000 to ‚£3,270,000. The Company is currently eligible to draw down a maximum of ‚£6,000,000 under the loan facility.

Fair value of the debt is not materially different from the par value.