The company announces the following unaudited data relating                
to its portfolio of investments as at 17 October 2003:                     
Total Assets (Excl Current Yr Revenue)                                    �
                                                                 41,586,885
Total Bank Debt                                                           �
                                                                 19,600,000
                                                                          �
                                                                 21,986,885
Liability Due To Zero Dividend Prefs                                      �
                                                                 10,423,118
Net Assets Attributable to Ordinary Shareholders (Excl current            �
year revenue)                                                    11,563,767
Nav (Excl current year revenue) Per Ordinary Share                   41.30p



END