Replacement Net Asset Value(s

RNS Number : 2883A

New India Investment Trust PLC

28 January 2011

 



AMENDMENT

Please note that the announcement released today at 11:01hrs (RNS No: 2695A) omitted the excluding income nav figure.  This is now included in the announcement below.

NEW INDIA INVESTMENT TRUST PLC

New India Investment Trust PLC announces the following unaudited net asset values (NAVs) as at close of business on 27th January 2011.  Unless otherwise disclosed, the NAVs have been calculated in accordance with the recommendations of the Association of Investment Companies.  In particular: (1) financial assets have been valued on a fair value basis using bid prices, or, if more appropriate, a last trade basis; (2) debt is valued at par and, where materially different, debt is also separately valued at market value; (3) diluted NAVs are disclosed where applicable (for this purpose, treasury shares are excluded for the purposes of calculation); and (4) provisions for performance fees are included where applicable.

New India Investment Trust - (Note 1)	Excluding Income	260.46p	Ordinary
New India Investment Trust - (Note 1)	Including Income	260.31p	Ordinary

Note 1:             Where expenses exceed income in the financial year to date, the cum income NAV will be lower than the ex-income NAV.

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