The company announces the following unaudited data relating                
to its portfolio of investments as at 4 April 2003:                        
Total Assets (Excl Current Yr Revenue)                                    �
                                                                 35,502,175
Total Bank Debt                                                           �
                                                                 19,600,000
                                                                          �
                                                                 15,902,175
Liability Due To Zero Dividend Prefs                             �9,964,043
Net Assets Attributable to Ordinary Shareholders (Excl current   �5,938,132
year Revenue)                                                              
Nav (Excl Current Year Revenue) Per Ordinary Share                   21.21p



END