Net Asset Value(s)

Wednesday 10 December 2008


Net asset value at 9 December 2008
In preparation for Starvest's annual general meeting later today, the
Directors report that the portfolio value at the close of business on
9 December  2008  was £4.04m  and  the  Company asset  value  net  of
liabilities was £3.53m.  Both values  show a small increase since  30
September 2008, the date of the last announcement.
The net asset value  equates to 9.3 pence  per share fully  diluted.
The closing bid price  was 6.5 pence giving  a discount to net  asset
value of 30%.
The basis  of  valuation is  consistent  with that  adopted  for  the
September 2008 annual report which was based on closing bid prices or
Directors' lower valuation if lower.
Annual general meeting
The 2008 AGM will be held on  Wednesday 10 December at 3.00 pm at  St
Ethelburga's, 78 Bishopsgate, London EC2N 4AG


Bruce Rowan, Chairman 020 7486 3997 or John Watkins, Finance Director
01483 771992; [e-mail]

Gerry Beaney, Grant Thornton UK LLP Corporate Finance 020 7383 5100