RNS Number:7067K
Govett Asian Recovery Trust PLC
2 May 2003



The following are the estimated values based on mid market prices at the close
of business on 1st May 2003:
 
                                                                   Ordinary share NAV      Gross Assets
                                                                    (capital only)        (capital only)


Govett Asian Recovery Trust PLC                                     108.13p                     #40.06m



Please refer to the separate announcements made on 13 February 2003 by Govett
Enhanced Income Investment Trust and Govett European Enhanced Investment Trust
regarding the calculation of their net asset values.


NOTE 1:

Following the recent dividend announcement and the Trust's ordinary shares
becoming ex-dividend, the ordinary share NAV has been reduced by the amount of
the dividend being 0.5p per ordinary share. This is in line with the treatment
detailed in the Trust's announcement on 13 February 2003.


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

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