RNS Number:4308L
Govett Asian Recovery Trust PLC
22 May 2003



The following are the estimated values based on mid market prices at the close
of business on 20th May 2003:

                                                                    Ordinary share NAV        Gross Assets 
                                                                    (capital only)            (capital only)

Govett Asian Recovery Trust PLC                                     108.94p                     #42.35m



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.



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

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