Net Asset Value(s)

Strategic Equity Capital PLC
06 September 2005

For immediate release 06 September 2005


STRATEGIC EQUITY CAPITAL PLC

Statement re Net Asset Value

The unaudited net asset value per Ordinary share of the Company as at 2
September 2005 was 98.42 pence.

For further information please contact:

SVG Capital plc
Alice Todhunter                                 020 7010 8925




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