Investment Portfolio Data

Guinness Flight Geared Inc&Gwth Tst 9 November 1999 The company announces the following unaudited data relating to its portfolio of investments as at 5 November 1999: TOTAL ASSETS £152,068,004 TOTAL BANK DEBT £ 47,550,000 NET ASSETS £104,518,064 NAV PER ZERO DIVIDEND PREFERENCE SHARE 108.48p NAV (EX INCOME) PER INCOME SHARE 100.00p NAV (EX INCOME) PER GEARED ORDINARY SHARE 90.69p