Net Asset Value(s)

19 Jul 2005 09:35

Exeter Smaller Co's Income Fund Ld19 July 2005 Exeter Smaller Companies Income Fund Limited and ESCIF Securities Limited Please be advised that the unaudited net asset value per share of Exeter SmallerCompanies Income Fund Limited as at 15th July 2005 was 0.00p The unaudited net asset value per share of ESCIF Securities Limited as at 15thJuly 2005 was 106.96p. This net asset value includes £2,420,957 of prior yearsretained revenues and £ 313,319.59 of undistributed current period revenue ofExeter Smaller Companies Income Fund Limited. The above net asset values werecalculated using mid prices for all investments. No accruals have been made as at the above valuation point in respect of anypotential wind-up costs which may arise, contingent upon the resolutions beingconsidered at the Extraordinary General meetings of the Subsidiary and theCompany to be held on 29th July, 2005 being passed. Close Fund Services Limited As secretary This information is provided by RNS The company news service from the London Stock Exchange