Net Asset Value(s) (4455D)

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RNS Number : 4455D

Grampian Investment Trust Plc

16 May 2012

   To:                   RNS 
   From:              Grampian Investment Trust plc 
   Date:               16 May 2012 

Net Asset Value

Grampian Investment Trust plc announces the unaudited net asset value per share ("NAV") of the Company as at the close of business on 11 May 2012. Unless otherwise disclosed, the NAV has been calculated in accordance with the recommendations of the Association of Investment Companies. In particular, financial assets have been valued on a fair value basis using bid price, or, if more appropriate, a last trade basis.

As previously announced, the Company was approved by HM Revenue & Customs as an investment trust for the accounting period from 1 May 2012. As a result the Company is exempt from paying corporation tax on its realised capital gains.

As at 11 May 2012, the NAV (including income) was 471.16 pence per share.

Steven Cowie

Company Secretary

Enquiries: 0131 538 6604

This information is provided by RNS

The company news service from the London Stock Exchange

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