Net Asset Value(s)

21 Jun 2007 14:16

THE ZERO PREFERENCE GROWTH TRUST PLC

The Company announces that the bid price Net Asset Values, including current period revenue, at 19 June 2007 were:

per Ordinary unit 72.18p per Growth share 6.65p

per Zero Dividend Preference share 65.53p

Gross assets less current liabilities ‚£14.42m

On 15 June 2007, the Company increased the total amount drawn down under the Bank of Scotland facility by ‚£500,000 to ‚£3,120,000. The Company is currently eligible to draw down a maximum of ‚£4,000,000 under the loan facility.

Fair value of the debt is not materially different from the par value so no additional fair value NAV is required.