Further re Net Asset Value

Hansa Trust PLC
06 November 2006

                                HANSA TRUST PLC

                             Cathedral Capital PLC



The Net Asset Value of Hansa Trust PLC at close of business Friday 3 November
2006, released today Monday 6 November 2006 includes the uplift in value of
Cathedral Capital PLC following an announcement it respect to an offer for the
shares of the company.



Hansa Capital Partners LLP

Company Secretary

6 November 2006




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