Net Asset Value(s)

RNS Number : 9073F

Marwyn Value Investors Limited

21 June 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 £1.12103 as at 15 June 2012. The issued share capital as at 15 June 2012 was 5,008,870 B ordinary shares.

As at 15 June 2012 the closing mid share price of a B ordinary share in the Company was £0.545 and represented a discount of 51.4% 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:
June 15	1.12103	-1.0	-0.1	+2.1	+22.0
June 8	1.13188	+0.8	+0.8	+3.1	+23.1
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
May 31	1.22041		-5.4	+4.6	+32.8
April 28	1.28963		-2.6	+10.5	+40.3
March 31	1.32430		+1.7	+13.5	+44.1
February 28	1.30226		+2.3	+11.6	+41.7
January 31	1.27278		+9.1	+9.1	+38.5

2010:
December 31	1.16709		-0.3	-0.7	+27.0