RNS Number:5141C
Marwyn Value Investors Ltd (B)
20 August 2007

This release replaces a previous announcement with the same title made on 
14 August 2007.

                         Marwyn Value Investors Limited
                     Net Asset Value per Ordinary "B" Share

The board of directors of Marwyn Value Investors Limited (the "Company") today
announce that the estimated net asset value per ordinary share of the Company
based on the estimated value of the Marwyn Neptune Fund LP is #0.964 as at 31
July 2007. This has not been adjusted for any potential warrant exercise
dilution.

Warrant Summary
                Number         Exercise Price         Subscription Period

B Warrants      27,749,000              #1.25         23 July 2010

As at 31 July 2007, the share price of an ordinary share in the Company
represented a premium of 5.85% to the net asset value per ordinary share.

As at 31 July 2007, the share price of an ordinary share in the Company was
below the exercise price for the B Warrants.

Historic Performance

                     Estimated        Movement over        Year to date 
                 Undiluted NAV (#)       Month (%)          movement (%)
2007
July                  0.964               0.0                  0

Enquiries to:
Fortis Fund Services (Guernsey) Limited
PO Box 119
Martello Court
Admiral Park
St Peter Port
Guernsey, GY1 3HB



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

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