ANGLO & OVERSEAS PLC

Based on a bid price valuation, the unaudited net asset value per Ordinary
Share of the Company as at 30 October 2008 was 89.27 pence including estimated
current period revenue and 86.46 pence excluding current period revenue.

This is based on 79,337,881 Ordinary Shares, being the issued capital of
88,152,319 Ordinary Shares less 8,814,438 Ordinary Shares held in treasury.

31 October 2008



END


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