The company announces the following unaudited data relating                
to its portfolio of investments as at 24 October 2003:                     
Total Assets (Excl Current Yr Revenue)                                    �
                                                                 40,980,373
Total Bank Debt                                                           �
                                                                 19,600,000
                                                                          �
                                                                 21,380,373
Liability Due To Zero Dividend Prefs                                      �
                                                                 10,439,899
Net Assets Attributable to Ordinary Shareholders (Excl current            �
year revenue)                                                    10,940,474
Nav (Excl current year revenue) Per Ordinary Share                   39.07p



END