Net Asset Value(s)

Advance Focus Fund Limited announces that its unaudited Net Asset
Value (NAV) including income accrued as at the close of business on 1
September 2006 was £32.449 million, representing a NAV of 129.09
pence per share.
The investments in the Company's portfolio have been valued at bid
price in the above calculations.
Visit our website at 

http://www.pro-asset.com/

---END OF MESSAGE---