GFV Guin.Flght Vct

RNS Number:9999T
Guinness Flight Venture Cap Tst PLC
29 March 2007



Guinness Flight Venture Capital Trust PLC

Trading Statement


The Directors expect to issue the preliminary announcement of results for the
year ended 28 February 2007 according to the usual pattern at the end of May.

Following a thorough and ongoing review with the recently-appointed manager,
Aberdeen Asset Managers Limited, the Directors have become aware of specific
adverse material developments concerning three portfolio companies, which are
likely to result in a write-down in asset value of approximately 19p.

A full revaluation of the portfolio has not yet been completed; however the
Directors believe that other portfolio companies are performing in line with
expectations or better.  Taking the performance of these companies and other
factors into consideration, the Directors believe that the overall effect of the
developments mentioned above is likely to be a reduction in net asset value per
share as at 28 February 2007 to not less than 48p.



By Order of the Board


Aberdeen Asset Management PLC
Secretaries

29 March 2007



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

TSTGGGZFDLMGNZM

Guin.Flght Vct (LSE:GFV)
Historical Stock Chart
From Jun 2024 to Jul 2024

Guin.Flght Vct (LSE:GFV)
Historical Stock Chart
From Jul 2023 to Jul 2024