NAV per Ordinary Share

RNS Number:8010D
Marwyn Value Investors Ltd
13 September 2007


13 September 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 #1.439 as at 31
August 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 August the share price of an ordinary share in the Company represented
a discount of 9.7% to the net asset value per ordinary share.

As at 31 August the share price of an ordinary share in the Company was equal to
the exercise price for the Series Two Warrants.


Historic Performance

                      Estimated     Movement over Month   Year to date
                  Undiluted NAV (#)         (%)           movement (%)

2007

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
August                  1.252               1.8               31.2


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
NAVUORARBBRKAAR