GOVETT ENHANCED INCOME INVESTMENT TRUST PLC                                                                                             
  
NAV PER SHARE                                                     As at 14-Jan-04                                                          
including undistributed revenue not yet transferred to reserves.                                                                           
GOVETT ENHANCED INCOME INVESTMENT TRUST    Ordinary shares                       2.8p                 
GEIIT SECURITIES PLC       Zero Dividend Preference shares                     124.6p               
CONSOLIDATED TOTAL ASSETS                                                     �75.64m 
             
The Net Asset Value per Ordinary share has been adjusted to reflect the                                                                   
proportion of dividends paid not covered by current year revenue and therefore                                                            
paid from brought forward revenue reserves.                                                                                                
END