The company announces the following unaudited data relating                
to its portfolio of investments as at  14 November 2003:                   
Total Assets (Excl Current Yr Revenue)                                    �
                                                                 41,696,036
Total Bank Debt                                                           �
                                                                 19,600,000
                                                                          �
                                                                 22,096,036
Liability Due To Zero Dividend Prefs                                      �
                                                                 10,490,405
Net Assets Attributable to Ordinary Shareholders (Excl current            �
year revenue)                                                    11,605,631
Nav (Excl current year revenue) Per Ordinary Share                   41.45p



END