Net Asset Value(s)

FINSBURY WORLDWIDE PHARMACEUTICAL TRUST PLC

NET ASSET VALUE

The estimated un-audited net asset value, calculated in accordance with the
guidelines of the Association of Investment Companies, for Finsbury Worldwide
Pharmaceutical Trust PLC at the close of business on 23 July 2007 was 517.09p
(ex income).

The estimated un-audited net asset value, assuming the exercise in full of all
of the outstanding warrants at an exercise price of 464p per warrant, was
507.71p.

The estimated un-audited net asset value, assuming the reissue of all of the
5,192,100 shares currently held in treasury, at the closing mid-market share
price on 23 July 2007, and assuming the exercise in full of all of the
outstanding warrants at an exercise price of 464p per warrant, was 505.44p.

For and on behalf of the Board

Frostrow Capital LLP

Secretary

24 July 2007