Net Asset Value(s)

RNS Number : 6230H

Caledonia Investments PLC

06 November 2008

Caledonia Investments plc

Unaudited net asset value per share at 31 October 2008

Caledonia Investments plc ('Caledonia') announces that its unaudited diluted net asset value ('NAV') per ordinary share as at 31 October 2008, calculated on a cum-income basis, was 1627p, before deduction of an interim dividend.

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 31 October 2008 incorporates an overall adjustment which has been calculated by applying the 12.1% decline in the FTSE All-Share index between 30 September 2008, being the date of the last formal valuation review, and 31 October 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.

06 November 2008

Enquiries