RNS Number:7380N
Govett Asian Recovery Trust PLC
18 July 2003


 The following are the estimated values based on mid market prices at the close of business on

17 July 2003:


                                                                Ordinary share NAV         Gross Assets (capital
                                                                (capital only)             only)
Govett Asian Recovery Trust PLC                                 131.34p                    #54.77m

18 July 2003


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

NAVGUURUMUPWGQR