Disposal of Investment

Dunedin Enterprise Inv Trust PLC
27 February 2006

                                                                27 February 2006


                    Dunedin Enterprise Investment Trust plc:
                  Proposed Sale of Calsafe Group (Holdings) Ltd
                                        
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Dunedin Enterprise Investment Trust PLC ('Dunedin Enterprise'), the private
equity investment trust which invests in lower mid-market management buyouts,
management buyins and growing businesses, announces that it has entered into a
conditional agreement for the sale of its holding in Calsafe Group (Holdings)
Ltd ('Calsafe').


Dunedin Enterprise currently owns 32.4% of the fully diluted ordinary share
capital of Calsafe, a company which manufactures and erects modular buildings
through its subsidiary company, Caledonian Building Systems Ltd.


The Shareholders of Calsafe have entered into a conditional contract with
Champion Enterprises Inc USA ('Champion'), a Michigan-based corporation quoted
on the New York Stock Exchange, that is expected to lead to the sale of Calsafe
to Champion on 7 April 2006. Champion announced the proposed acquisition to the
Securities and Exchange Commission on 27 February, 2006.


The sale of Calsafe to Champion would represent an uplift of £6.6 million to
Dunedin Enterprise's valuation of its holding in Calsafe at 31 October 2005
(which equates to an uplift of 22p per ordinary share).




For further information, please contact:

Dunedin Capital Partners

Dougal Bennett                                  T: 0131 718 2304
                                                M: 07931 390 052

Binns & Co PR Limited

Peter Binns                                     T: 020 7786 9600



EDITOR'S NOTES

Dunedin Enterprise Investment Trust PLC
Dunedin Enterprise is managed by Dunedin Capital Partners Limited. Dunedin is an
independent private equity company owned by its directors. The company
specialises in providing equity finance for management buyouts, management
buyins and growing businesses with a transaction size of £10 - 50 million. It
operates throughout the United Kingdom from its offices in Edinburgh and London.

For more information on Dunedin Enterprise, its portfolio and investment
approach, please visit the website: www.dunedin.com.



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