Annual Information Update

Graphite Enterprise Trust PLC
06 May 2008

                         GRAPHITE ENTERPRISE TRUST PLC

                                   6 May 2008

                           ANNUAL INFORMATION UPDATE



As required by Prospectus Rule 5.2, Graphite Enterprise Trust PLC (the 'Company
') notifies all information which it has made available to the public since the
last such update on 8 June 2007.

In order to avoid an unnecessarily long document, this update contains reference
to information rather than disclosure in full. The information referred to below
was up to date at the time it was published, although some of it may now be out
of date.



1.         Announcements made on RNS, a Regulatory Information Service

The announcements in the table below were published on RNS in the period since 8
June 2007.

Date of Publication       Headline                                  Brief description

8 April 2008              Director/PDMR Shareholding                Purchase of 11,440 shares by a director
27 March 2008             Graphite Enterprise appoints new director Appointment of Mr J Tigue as
                                                                    non-executive director
27 March 2008             Transaction in Own Shares                 Buy back of 241,000 shares
26 March 2008             Director/PDMR Shareholding                Purchase of 20,000 shares by the wife
                                                                    of a director
20 March 2008             Preliminary results                       Unaudited results for year to 31
                                                                    December 2007
18 March 2008             Director Declaration                      P Dicks appointed as non executive
                                                                    director of Mears Group Plc and
                                                                    Sportingbet plc
24 January 2008           Final disposal of FTSE option             Sale of remaining 37.5% option over
                                                                    FTSE 100 Index
21 January 2008           Transaction in Own Shares                 Buy back of 58,000 shares
11 January 2008           Transaction in Own Shares                 Buy back of 225,000 shares
9 January 2008            Transaction in Own Shares                 Buy back of 1,850,000 shares
8 January 2008            Portfolio Update                          Ten largest investments as at 30
                                                                    September 2007
19 December 2007          Transaction in Own Shares                 Buy back of 155,000 shares
17 December 2007          Transaction in Own Shares                 Buy back of 36,218 shares
14 December 2007          Transaction in Own Shares                 Buy back of 201,000 shares
7 December 2007           Transaction in Own Shares                 Buy back of 143,000 shares
5 December 2007           Transaction in Own Shares                 Buy back of 127,000 shares
4 December 2007           Part disposal of FTSE Option              Sale of 12.5% of option over FTSE 100
                                                                    Index
30 November 2007          Transaction in Own Shares                 Buy back of 278,000 shares
26 November 2007          Transaction in Own Shares                 Buy back of 63,000 shares
23 November 2007          Part disposal of FTSE Option              Sale of 25% of option over FTSE 100
                                                                    Index
21 November 2007          Net Asset Value                           Net asset value per share as at 30
                                                                    September 2007
19 November 2007          Transaction in Own Shares                 Buy back of 170,000 shares
19 November 2007          Disposal of Investment                    Sale of Huntress Search
24 October 2007           Transaction in Own Shares                 Buy back of 28,500 shares
22 October 2007           Transaction in Own Shares                 Buy back of 339,000 shares
1 October 2007            Portfolio Update                          Ten largest investments as at 30 June
                                                                    2007
27 September 2007         Transaction in Own Shares                 Buy back of 105,000 shares
26 September 2007         Net Asset Value                           Net asset value per share as at 31
                                                                    March 2007
19 September 2007         Interim Results                           Unaudited results for the six months
                                                                    ended 30 June 2007
9 July 2007               Transaction in Own Shares                 Buy back of 130,000 shares
2 July 2007               Portfolio Update                          Ten largest investments as at 31 March
                                                                    2007
2 July 2007               Transaction in Own Shares                 Buy back of 50,000 shares
27 June 2007              Transaction in Own Shares                 Buy back of 3,383,000 shares
12 June 2007              Transaction in Own Shares                 Buy back of 40,000 shares
8 June 2007               Annual Information Update                 Annual information update up to 8 June
                                                                    2007

Copies of the documents published on RNS can be obtained from the London Stock
Exchange website, www.londonstockexchange.com/marketnews using the code GPE, or
from the Company's website, www.graphite-enterprise.com.



2.         Documents filed at Companies House

The documents listed in the table below were filed with Companies House in the
period since 8 June 2007.

Date of Filing            Brief description of documents filed

24 April 2008             Director appointed  - Jeremy Tigue
15 February 2008          Form 169 - Return by company purchasing its own shares
15 February 2008          Form 169 - Return by company purchasing its own shares
12 February 2008          Form 169 - Return by company purchasing its own shares
15 January 2008           Form 169 - Return by company purchasing its own shares
15 January 2008           Form 169 - Return by company purchasing its own shares
15 January 2008           Form 169 - Return by company purchasing its own shares
9 January 2008            Form 169 - Return by company purchasing its own shares
8 January 2008            Form 169 - Return by company purchasing its own shares
8 January 2008            Form 169 - Return by company purchasing its own shares
7 January 2008            Form 169 - Return by company purchasing its own shares
7 January 2008            Form 169 - Return by company purchasing its own shares
30 November 2007          Form 169 - Return by company purchasing its own shares
30 November 2007          Form 169 - Return by company purchasing its own shares
23 November 2007          Form 169 - Return by company purchasing its own shares
21 August 2007            Form 169 - Return by company purchasing its own shares
7 August 2007             Form 169 - Return by company purchasing its own shares
7 August 2007             Form 169 - Return by company purchasing its own shares
1 August 2007             Form 169 - Return by company purchasing its own shares
1 August 2007             Form 169 - Return by company purchasing its own shares
12 July 2007              Form 169 - Return by company purchasing its own shares
9 July 2007               Annual Report for the year ended 31 December 2006
12 June 2007              Change to Articles - disapplication of pre-emption rights

Copies of the documents filed at Companies House can be obtained from Companies
House, Crown Way, Maindy, Cardiff CF14 3UZ or, for registered users, are
available for download from the Companies House website at
www.direct.companies-house.gov.uk.



3.         Documents filed with the UK Listing Authority ('UKLA')

The documents listed below were filed with the UKLA in the period since 8 June
2007.

Date of Filing            Brief description of documents filed

14 April 2008             Annual Report for the year ended 31 December 2007

27 September 2007         Interim Report for the six months ended 30 June 2007

Documents submitted to the UK Listing Authority can be obtained by contacting
the Document Viewing Facility at:


Financial Services Authority
25 The North Colonnade
Canary Wharf
London E14 5HS



4.         Documents sent to shareholders

The following documents have been published and dispatched to the Company's
shareholders in the period since 8 June 2007.  Copies of these documents can be
found on the Company's website at www.graphite-enterprise.com

Date                       Brief description of documents filed

14 April 2008              Annual Report for the year ended 31 December 2007 
                           including Notice of Annual General Meeting

27 September 2007          Interim Report for the six months ended 30 June 2007



Enquiries:

Tim Spence                 Graphite Capital Management LLP        020 7825 5300



END




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