The company announces the following unaudited data relating                
to its portfolio of investments as at 28 February 2003:                    
TOTAL ASSETS (EXCL CURRENT YR REVENUE)                          �35,593,458
TOTAL BANK DEBT                                                 �19,600,000
                                                                �15,993,458
LIABILITY DUE TO ZERO DIVIDEND PREFS                             �9,884,219
NET ASSETS ATTRIBUTABLE                                                    
      TO ORDINARY SHAREHOLDERS                                             
      (EXCL CURRENT YEAR REVENUE)                                �6,109,239
NAV (EXCL CURRENT YEAR REVENUE)                                            
      PER ORDINARY SHARE                                             21.82p



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