Investment Portfolio Financial Data

Guinness Flight Geared Inc&Gwth Tst
4 January 2000


The company announces the following unaudited data relating to its portfolio
of investments as at 31 December 1999:

TOTAL ASSETS                              £157,179,596
TOTAL BANK DEBT                           £ 47,550,000
NET ASSETS                                £109,629,596

NAV PER ZERO DIVIDEND PREFERENCE SHARE         109.85p
NAV (EX INCOME) PER INCOME SHARE               100.00p
NAV (EX INCOME) PER GEARED ORDINARY SHARE      117.28p