Net Asset Value

RNS Number : 1379A

Marwyn Value Investors Limited

21 December 2017

Marwyn Value Investors Limited

Net Asset Value per Realisation Share

The board of directors of Marwyn Value Investors Limited (the "Company") today announces that the estimated net asset value per Realisation Share of the Company based on the estimated value of its interests in Marwyn Value Investors L.P. is £2.31252 as at 15 December 2017. As at 15 December 2017 there were 6,931,793 Realisation Shares in issue.

As at 15 December the closing mid share price of a Realisation Share in the Company was £1.7000 and represented a discount of 26.49% to the net asset value per Realisation Share.

Historic Performance

	Estimated NAV per share (£)	Movement over Period (%)	Movement over Month (%)	Year to date Movement (%)	NAV Inception to date (%) *
2017:

December 15	2.31252	-1.0	-0.3	+8.9	+7.2
December 8	2.33683	+0.7	+0.7	+10.0	+8.3
November 30	2.32040		+0.3	+9.2	+7.6
October 31	2.31431		-3.3	+8.9	+7.3
September 29	2.39380		+1.0	+12.7	+11.0
August 31	2.36926		+3.1	+11.5	+9.9
July 31	2.29884		-0.6	+8.2	+6.6
June 30	2.31222		-2.8	+8.8	+7.2
May 31	2.37761		+5.2	+11.9	+10.2
April 28	2.26040		+3.0	+6.4	+4.8
March 31	2.19391		+5.1	+3.3	+1.7
February 28	2.08682		-1.1	-1.8	-3.2
January 31	2.10976		-0.7	-0.7	-2.2

2016:

December 30	2.12439		-1.5	-1.5	-1.5
November 30	2.15676