Net Asset Value(s)

RNS Number : 6208I

Marwyn Value Investors Limited

26 July 2012

Marwyn Value Investors Limited

Net Asset Value per B Ordinary Share

The board of directors of Marwyn Value Investors Limited (the "Company") today announce that the estimated net asset value per B ordinary share of the Company based on the estimated value of its interests in the Marwyn Value Investors L.P. is £1.12799 as at 20 July 2012. The issued share capital as at 20 July 2012 was 5,008,870 B ordinary shares.

As at 20 July 2012 the closing mid share price of a B ordinary share in the Company was £0.580 and represented a discount of 48.6% to the net asset value per B ordinary share.

Historic Performance

	Estimated Undiluted NAV (£)	Movement over Period (%)	Movement over Month (%)	Year to date Movement (%)	Inception to date (%)
2012:
July 20	1.12799	-0.1	-0.1	+2.7	+22.7
July 13	1.12869	-0.1	-0.1	+2.8	+22.8
July 6	1.12940	-0.0	-0.0	+2.9	+22.9
June 29	1.12962		+0.6	+2.9	+22.9
May 31	1.12253		-0.7	+2.2	+22.1
April 30	1.13047		-4.3	+3.0	+23.0
March 30	1.18109		+1.5	+7.6	+28.5
February 29	1.16358		+8.2	+6.0	+26.6
January 31	1.07534		-2.1	-2.1	+17.0

2011:
December 30	1.09800		-4.9	-5.9	+19.5
November 30	1.15501		+11.9	-1.0	+25.7
October 31	1.03175		-0.2	-11.6	+12.3
September 30	1.03396		-4.4	-11.4	+12.5
August 31	1.08161		-5.6	-7.3	+17.7
July 29	1.14517		-2.3	-1.9	+24.6
June 30	1.17223		-3.9	+0.4	+27.5