The company announces the following unaudited data relating                
to its portfolio of investments as at 14 March 2003:                       
Total Assets (Excl Current Yr Revenue)                                    �
                                                                 34,974,840
Total Bank Debt                                                           �
                                                                 19,600,000
                                                                          �
                                                                 15,374,840
Liability Due To Zero Dividend Prefs                             �9,916,071
Net Assets Attributable to Ordinary Shareholders (Excl current   �5,458,769
year Revenue)                                                              
Nav (Excl Current Year Revenue) Per Ordinary Share                   19.50p



END