Net Asset Value(s)

11 Apr 2007 15:04

THE ZERO PREFERENCE GROWTH TRUST PLC

The Company announces that the bid price Net Asset Values, including current period revenue, at 10 April 2007 were:

per Ordinary unit 71.26p per Growth share 7.20p

per Zero Dividend Preference share 64.06p

Gross assets less current liabilities ‚£14.48m

On 5 April 2007, the Company increased the total amount drawn down under the Bank of Scotland facility by ‚£500,000 to ‚£3,220,000. 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.