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
04 November 2005 was £29.380 million, representing a NAV of 110.68
pence per share.
The investments in the Company's portfolio have been valued at mid
market price in the above calculations.
Visit our website at 

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




---END OF MESSAGE---