RUG Renn Universal

    RENAISSANCE US GROWTH INVESTMENT TRUST PLC

The Net Asset Value of the ordinary 25p shares of the Company at 6 June 2008
was 299.11 pence (US 589.20c).

The exchange rate at which this was calculated was �=US$1.96985.

The net asset value calculation includes the time value of unlisted warrants in
respect of the portfolio valuation, as set out in the announcement made by the
Company on 27 May 2008. The Company has adopted the Black Scholes methodology
and will calculate the time value (in US Dollars) of unlisted warrants every
quarter. The warrants included in the portfolio for the twice weekly NAV
calculations will be calculated by valuing the intrinsic value of the warrants
and adding the time value as at the most recently calculated quarterly
valuation.

Intrinsic value of unlisted warrants as at 6 June 2008:                $483,167
                                                                               
Sterling equivalent at exchange rate above:                            �245,281
                                                                               
Time value of unlisted warrants as at 22 May 2008: (adjusted           $829,277
for warrants subsequently acquired, exercised, expired or                      
disposed)                                                                      
                                                                               
Sterling equivalent at exchange rate above:                            �420,985

Margin account

The Company announced on 3 June 2008 that it had drawn down a further $2.5
million on its margin account with Solomon Smith Barney, this figure was
incorrectly stated. The correct amount drawn down was $2 million, bringing this
margin account to a total of $8.5 million.

10.06.08



END

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