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 11 November 2005 was £29.706 million, representing a NAV of 111.91 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---
UK 100

Latest directors dealings