Net Asset Value(s) - Amendment

The below announcement replaces the Hugin announcement released at 15:06 on 6 November 2006. Advance Focus Fund Limited announces that its unaudited Net Asset Value (NAV) including income accrued at the close of business should have read "on 03 November 2006" and not "on 02 November 2006". All other details remain unchanged. Advance Focus Fund Limited announces that its unaudited Net Asset Value (NAV) including income accrued as at the close of business on 03 November 2006 was £34.795 million, representing a NAV of 138.42 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---
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