8 May 2007
ANNOUNCEMENT TO STOCK EXCHANGE GRAPHITE ENTERPRISE TRUST
The Board of Graphite Enterprise Trust PLC announces that the net asset value per share as at 31 March 2007 was 465.6p, after the accrual of the dividend announced on 15 March 2007 of 6.5p per share. This represents an increase in net asset value per share of 2.4% in the three months to 31 March 2007 and compares with a rise of 1.9% in the FTSE All-Share Index in the quarter.