Net Asset Value(s)

RNS Number : 2606T

Marwyn Value Investors Limited

11 December 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 £0.82449 as at 30 November 2012. The issued share capital as at 30 November 2012 was 5,008,870 B ordinary shares.

As at 30 November 2012 the closing mid share price of a B ordinary share in the Company was £0.590 and represented a discount of 28.4% 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:
November 30	0.82449	-12.4	-16.2	-24.9	-10.3
November 23	0.94090	-1.1	-4.3	-14.3	+2.4
November 16	0.95172	-3.2	-3.2	-13.3	+3.5
November 9	0.98276	-0.1	-0.1	-10.5	+6.9
October 31	0.98360		+13.1	-10.4	+7.0
September 28	0.86977		-9.7	-20.8	-5.4
August 31	0.96338		-13.8	-12.3	+4.8
July 31	1.11731		-1.1	+1.8	+21.6
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