Net Asset Value(s)

Strategic Equity Capital PLC
10 August 2005

For Immediate Release 10 August 2005



STRATEGIC EQUITY CAPITAL PLC



Statement re Net Asset Value



The unaudited net asset value per Ordinary share of the Company as at 5 August
2005 was 98.46 pence.



For further information, please contact:



SVG Capital plc
Alice Todhunter                  020 7010 8925






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