Net Asset Value(s)

2 Oct 2007 16:12

THE ZERO PREFERENCE GROWTH TRUST PLC

The Company announces that the bid price Net Asset Values, including current period revenue, at 30 September 2007 were:

per Ordinary unit 73.18p per Growth share 5.43p

per Zero Dividend Preference share 67.75p

Gross assets less current liabilities ‚£13.97m

On 28 September 2007, the Company increased the total amount drawn down under the Bank of Scotland facility by ‚£500,000 to ‚£2,720,000. 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.