Portfolio of Investments - Data

Guinness Flight Geared Inc&Gwth Tst
9 May 2000


The company announces the following unaudited data relating to its portfolio
of investments as at 5 May 2000:

TOTAL ASSETS                              £150,178,962
TOTAL BANK DEBT                           £ 47,550,000
NET ASSETS                                £102,628,962

NAV PER ZERO DIVIDEND PREFERENCE SHARE         112.99p
NAV (EX INCOME) PER INCOME SHARE               100.00p
NAV (EX INCOME) PER GEARED ORDINARY SHARE       70.34p