NAV Per Ordinary Share

RNS Number:4114H
Marwyn Value Investors Ltd
09 November 2007




                         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 #1.514 as at 31
October 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 October the share price of an ordinary share in the Company represented
a discount of 25.4% to the net asset value per ordinary share.


As at 31 October 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
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

   2006
December                   1.440                   4.8                    50.9
November                   1.374                   1.3                    44.0
October                    1.357                   2.6                    42.2
September                  1.323                   5.7                    38.6


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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