NAV Announcement

RNS Number:6170L
Marwyn Value Investors Ltd
11 January 2008


                         Marwyn Value Investors Limited

                       Net Asset Value per Ordinary 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 £1.534 as at 31
December 2007. This has not been adjusted for any potential warrant exercise
dilution.


Warrant Summary
                         Number       Exercise Price         Subscription Period

Series Two Warrants     7,500,000       £1.30                 22 February 2009


As at 31 December 2007 the share price of an ordinary share in the Company
represented a discount of 26.2% to the net asset value per ordinary share.

As at 31 December 2007 the share price of an ordinary share in the Company was
above the exercise price for the Series Two Warrants.


Historic Performance

                         Estimated            Movement over         Year to date 
                       Undiluted NAV(£)          Month (%)           movement(%)                    
2007
December                   1.534                   1.2                     6.6
November                   1.516                   0.2                     5.3
October                    1.514                   4.3                     5.1
September                  1.452                   0.9                     0.8
August                     1.439                 -4.17                    -0.1
July                       1.502                   0.2                     4.3
June                       1.499                  -2.3                     4.1
May                        1.534                   0.0                     6.5
April                      1.534                  -5.7                     6.5
March                      1.626                   5.1                    13.0
February                   1.547                   3.6                     7.4
January                    1.493                   3.7                     3.7



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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