Annual Information Update

Graphite Enterprise Trust PLC
08 June 2007

                         GRAPHITE ENTERPRISE TRUST PLC

                                  8 JUNE 2007

                           ANNUAL INFORMATION UPDATE

As required by Prospectus Rule 5.2, Graphite Enterprise Trust PLC 
(the 'Company') notifies all information which it has made available to the 
public since the last such update on 30 June 2006.

In order to avoid an unnecessarily long document, this update contains reference
to information rather than disclosure in full. The information referred to below
was up to date at the time it was published, although some of it may now be out
of date.

1.         Announcements made on RNS, a Regulatory Information Service

The announcements in the table below were published on RNS in the period since
30 June 2006.

Date of Publication       Headline                                  Brief description
4 June 2007               Part-disposal of FTSE option              Sale of 25% of option over FTSE 100
                                                                    Index
25 May 2007               EGM Statement                             Results of EGM -resolution was passed
25 May 2007               AGM Statement                             Results of AGM - all resolutions were
                                                                    passed
24 May 2007               Trading Statement                         Three months to 31 March 2007 and
                                                                    balance sheet at that date
23 May 2007               Holding(s) in Company                     Notification of major interests in
                                                                    shares
23 May 2007               Holding(s) in Company                     Notification of major interests in
                                                                    shares
14 May 2007               Transaction in Own Shares                 Buy back of 100,000 shares
9 May 2007                Transaction in Own Shares                 Buy back of 20,000 shares
3 May 2007                Proposals: future development             Summary of proposals to shareholders
3 May 2007                Net Asset Value                           Net asset value per share as at 31
                                                                    March 2007
13 April 2007             Holding(s) in Company                     Notification of major interests in
                                                                    shares
3 April 2007              Portfolio Update                          Ten largest investments as at 31
                                                                    December 2006
15 March 2007             Final Results                             Results for the year ended 31 December
                                                                    2006
19 January 2007           Total Voting Rights                       Voting rights and capital as at 19
                                                                    January 2007
15 January 2007           Transaction in Own Shares                 Buy-back of 430,000 shares
11 January 2007           Transaction in Own Shares                 Buy-back of 1,250,000 shares
3 January 2007            Portfolio Update                          Ten largest investments as at 30
                                                                    September 2006
22 December 2006          Total Voting Rights                       Voting rights and capital as at 22
                                                                    December 2006
22 December 2006          Transaction in Own Shares                 Buy-back of 530,437 shares
8 December 2006           Transaction in Own Shares                 Buy-back of 150,000 shares
1 December 2006           Transaction in Own Shares                 Buy-back of 200,000 shares
22 November 2006          Net Asset Value                           Net asset value per share as at 30
                                                                    September 2006
23 October 2006           Transaction in Own Shares                 Buy-back of 250,000 shares
3 October 2006            Transaction in Own Shares                 Buy-back of 500,000 shares
2 October 2006            Portfolio Update                          Ten largest investments as at 30 June
                                                                    2006
29 September 2006         Transaction in Own Shares                 Buy-back of 155,000 shares
21 September 2006         Director/PDMR Shareholding                Purchase of 5,250 shares by a director
21 September 2006         Director/PDMR Shareholding                Purchase of 20,000 shares by a
                                                                    connected person of a director
20 September 2006         Interim Results                           Unaudited results for the six months
                                                                    ended 30 June 2006
17 July 2006              Transaction in Own Shares                 Buy-back of 33,291 shares
3 July 2006               Transaction in Own Shares                 Buy-back of 140,000 shares
3 July 2006               Portfolio Update                          Ten largest investments as at 31 March
                                                                    2006

Copies of the documents published on RNS can be obtained from the London Stock
Exchange website, www.londonstockexchange.com/marketnews using the code GPE, or
from the Company's website, www.graphite-enterprise.com.

2.         Documents filed at Companies House

The documents listed in the table below were filed with Companies House in the
period since 30 June 2006.

Date of Filing            Brief description of documents filed

1 June 2007               Special resolutions passed at the Annual General Meeting
30 May 2007               Report and accounts for the year ended 31 December 2006
22 May 2007               Annual return
15 February 2007          Form 169 - Return by company purchasing its own shares
15 February 2007          Form 169 - Return by company purchasing its own shares
15 February 2007          Form 169 - Return by company purchasing its own shares
22 January 2007           Form 169 - Return by company purchasing its own shares
22 January 2007           Form 169 - Return by company purchasing its own shares
16 November 2006          Form 169 - Return by company purchasing its own shares
16 November 2006          Form 169 - Return by company purchasing its own shares
16 November 2006          Form 169 - Return by company purchasing its own shares
15 August 2006            Form 169 - Return by company purchasing its own shares
15 August 2006            Form 169 - Return by company purchasing its own shares
26 July 2006              Form 169 - Return by company purchasing its own shares
19 July 2006              Form 169 - Return by company purchasing its own shares

Copies of the documents filed at Companies House can be obtained from Companies
House, Crown Way, Maindy, Cardiff CF14 3UZ or, for registered users, are
available for download from the Companies House website at
www.direct.companies-house.gov.uk.

3.         Documents filed with the UK Listing Authority ('UKLA')

The documents listed below were filed with the UKLA in the period since 30 June
2006.

Date of Filing            Brief description of documents filed

1 June 2007               Special resolutions passed at AGM
3 May 2007                Circular to shareholders regarding proposals for the 
                          future development of the company
17 April 2007             Annual Report for the year ended 31 December 2006
27 September 2006         Interim Report for the six months ended 30 June 2006

Documents submitted to the UK Listing Authority can be obtained by contacting
the Document Viewing Facility at:

Financial Services Authority
25 The North Colonnade
Canary Wharf
London E14 5HS

4.         Documents sent to shareholders

The following documents have been published and dispatched to the Company's
shareholders in the period since 30 June 2006.  Copies of these documents can be
found on the Company's website at www.graphite-enterprise.com

Date                       Brief description of documents filed

3 May 2007                 Circular to shareholders regarding proposals in 
                           relation to the future development of the Company, 
                           including notice of Extraordinary General Meeting
17 April 2007              Annual Report for the year ended 31 December 2006 
                           including Notice of Annual General Meeting
27 September 2006          Interim Report for the six months ended 30 June 2006


Enquiries:

Tim Spence                 Graphite Capital Management LLP         020 7825 5300



END




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