Pre-Tax NTA, page-11

Hi All,

My latest figures show the Pre-tax NTA sitting at around 38.5-39.5c, given the latest upswing of HVT/LABS on Friday.

Although I haven't been able to update the model with the exact holdings in each company, (given some recent purchases & sales) it is still a solid approximate of the actual numbers (in fact, my estiamte is probably lower than the official number).

If anybody has the exact figures of the holdings (particularly Medipharm) please let me know.

Cheers,

CappMan