Net Asset Value(s)

RNS Number : 5690J

Caledonia Investments PLC

04 December 2008

Caledonia Investments plc

Unaudited net asset value per share at 30 November 2008

Caledonia Investments plc ('Caledonia') announces that its unaudited diluted net asset value ('NAV') per ordinary share as at 30 November 2008, calculated on a cum-income basis, was 1588p, before deduction of the interim dividend referred to below.

The interim dividend in relation to the year ending 31 March 2009 of 10.3p per share will be paid on 8 January 2009 to shareholders registered on 12 December 2008. The ex-dividend date will be 10 December 2008.

In view of the recent volatility of equity markets and the fact that Caledonia revalues unquoted investments less frequently than its quoted portfolio, as an interim measure, the company has included in the calculation of net assets an overall valuation adjustment in respect of its unquoted portfolio. Therefore, the reported NAV per ordinary share as at 30 November 2008 incorporates an overall adjustment which has been calculated by applying the 14.1% decline in the FTSE All-Share index between 30 September 2008, being the date of the last formal valuation review, and 30 November 2008, to the valuation of unquoted investments in aggregate, for which market prices are not readily available.

The monthly reported NAV per ordinary share, together with performance statistics and information on the valuation of principal investments, is available on Caledonia's website at www.caledonia.com.

04 December 2008

Enquiries