NAV per Ordinary Share

RNS Number:1308A
Marwyn Value Investors Ltd
12 July 2007


12 July 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 #1.499 as at 29
June 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 29 June 2007, the share price of an ordinary share in the Company
represented a discount of 11.3% to the net asset value per ordinary share.


As at 29 June 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 Month   Year to date
                  Undiluted NAV (#)         (%)           movement (%)
2007

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
August                  1.252               1.8               31.2
July                    1.230               4.2               28.9
June                    1.180               0.8               23.7
May                     1.171               7.1               22.7
April                   1.094              14.6               14.6
March                   0.954                -                 -


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

END
NAVUUSRRBSRBAAR