RNS Number:8453N
Govett Asian Recovery Trust PLC
22 July 2003


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

21 July 2003:


                                                                Ordinary share NAV         Gross Assets (capital
                                                                (capital only)             only)
Govett Asian Recovery Trust PLC                                 130.65p                    #54.52m

22 July 2003


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

NAVPUUPUMUPWGMP