Net Asset Value(s)

Herald Investment Trust PLC
02 December 2005


The issuer advises that the following replaces the Net Asset Value announcement
released today at 14:12pm under RNS number 3930T.

       Net Asset Value with Loans at Par for Herald Investment Trust PLC as at 28
                                                                     October 2005

                                                                          374.26p

Net Asset Value is calculated using closing mid market price from the London
Stock Exchange






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