Net Asset Value(s)

British Empire Sec & Gen Tst PLC
21 October 2005

BRITISH EMPIRE SECURITIES AND GENERAL TRUST PLC

The Company announces that the un-audited Net Asset Values per share of the
above trust, managed by Asset Value Investors Ltd, at the close of business on
20 October 2005 were as follows:
Ordinary                                              372.36
Debentures at market value                            367.81

Phoenix Administration Services Limited - Secretary




                      This information is provided by RNS
            The company news service from the London Stock Exchange