Annual Information Update

Graphite Enterprise Trust PLC
30 June 2006

                         GRAPHITE ENTERPRISE TRUST PLC

                                  30 JUNE 2006

                           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 in the
year to 30 June 2006.

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was up to date at the time it was published, although some of it may now be out
of date.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 year to 30
June 2006.

Date of Publication       Headline                                  Brief description

19 June 2006              Transaction in own shares                 Buy-back of 80,000 shares
7 June 2006               Result of AGM                             All AGM resolutions were passed
25 May 2006               Net asset value                           NAV per share as at 31 March 2006
22 May 2006               Transaction in own shares                 Buy-back of 500,000 shares
3 April 2006              Portfolio update                          Ten largest investments as at 31
                                                                    December 2005
20 March 2006             Final results                             Results for the year ended 31 December
                                                                    2005
3 January 2006            Portfolio update                          Ten largest investments as at 30
                                                                    September 2005
16 December 2005          Change of manager                         Transition of manager's business to new
                                                                    corporate structure
18 November 2005          NAV and dividend declaration              NAV per share as at 31 March 2006;
                                                                    special dividend of 4.5p per share
26 October 2005           Transaction in own shares                 Buy-back of 400,000 shares
24 October 2005           Transaction in own shares                 Buy-back of 375,000 shares
24 October 2005           Cash management update                    Purchase of FTSE option, new
                                                                    commitments
19 October 2005           Transaction in own shares                 Buy-back of 100,000 shares
14 October 2005           Transaction in own shares                 Buy-back of 300,000 shares
10 October 2005           Transaction in own shares                 Buy-back of 75,000 shares
3 October 2005            Portfolio update                          Ten largest investments as at 30 June
                                                                    2005
29 September 2005         Transaction in own shares                 Buy-back of 150,000 shares
22 September 2005         Transaction in own shares                 Buy-back of 250,000 shares
16 September 2005         Director/PDMR shareholding                Purchase of 7,000 shares by a director
15 September 2005         Interim results                           Results for the six months ended 30
                                                                    June 2005
29 July 2005              Disposal                                  Disposal of Jane Norman
12 July 2005              Disposal                                  Partial disposal of Wagamama
1 July 2005               Portfolio update                          Ten largest investments as at 31 March
                                                                    2005

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
year to 30 June 2006.

Date of Filing            Brief description of documents filed

27 June 2006              Form 169 - Return by company purchasing its own shares
14 June 2006              Special resolutions passed at AGM
15 June 2005              Annual return
5 June 2006               Report and accounts for the year ended 31 December 2005
30 May 2006               Change of location of register of members
9 January 2006            Secretary appointed
9 January 2006            Secretary resigned
9 November 2005           Form 169 - Return by company purchasing its own shares
9 November 2005           Form 169 - Return by company purchasing its own shares
3 November 2005           Form 169 - Return by company purchasing its own shares
3 November 2005           Form 169 - Return by company purchasing its own shares
27 October 2005           Form 169 - Return by company purchasing its own shares
12 October 2005           Form 169 - Return by company purchasing its own shares
4 October 2005            Form 169 - Return by company purchasing its own shares
1 August 2005             Amended Form 169 - Return by company purchasing its 
                          own shares

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 year to 30 June 2006.

Date of Filing            Brief description of documents filed

14 June 2006              Special resolutions passed at AGM
21 April 2006             Annual Report for the year ended 31 December 2005
30 September 2005         Interim Report for the six months ended 30 June 2005

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 year to 30 June 2006.  Copies of these documents can be
found on the Company's website at www.graphite-enterprise.com

Date                       Brief description of documents filed

21 April 2006              Annual Report for the year ended 31 December 2005 and 
                           Notice of Annual General Meeting
30 September 2005          Interim Report for the six months ended 30 June 2005

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