IV. Intrinsic Val.

To: City Editors 12 March 2004

                              INTRINSIC VALUE PLC                              

               Update on the Liquidation and Rollover Proposals                

The Board of Intrinsic Value wishes to update shareholders on its progress for
the future of the Company. In particular, plans are advanced regarding the
planned liquidation of the portfolio and negotiations are progressing well with
the managers of an award winning unit trust to be offered to shareholders as a
rollover vehicle.

The Board expects to post the circular to shareholders convening the necessary
extraordinary general meetings by the end of March, subject to receipt of final
UK regulatory approval.

Enquiries

Intrinsic Value

James West

Chairman 020 7767 1000

ING Investment Banking

Nicholas Gold

William Marle 020 7767 1000



END

Intrinsic Val. (LSE:IV.)
Historical Stock Chart
From May 2024 to Jun 2024

Intrinsic Val. (LSE:IV.)
Historical Stock Chart
From Jun 2023 to Jun 2024