RNS Number:8613M
Dexion Absolute Limited
27 June 2003

Dexion Absolute Limited (the "Company")

Estimated Net Asset Value

As at the close of business on 20 June 2003, the estimated net asset value per
ordinary share was 104.82 pence.

This valuation, which has been prepared in good faith by the Company's
investment manager, is for information purposes only and is based on the
unaudited estimated valuations supplied to the Company's investment adviser by
the administrators or managers of the Company's underlying investments. Such
estimates may be subject to little verification or other due diligence and may
not comply with generally accepted accounting practices or other generally
accepted valuation principles. In addition, some of those estimates may not be
supplied on a regular or timely basis with the result that the values of such
investments are based on the latest available estimates which may be some time
before the date set out above. Other risk factors which may be relevant to this
valuation are set out in the Company's listing particulars dated 12 December
2002.


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

NAVIIFVTREIDFIV