Investment policy

Second Advance Value Realisation Co 09 October 2003 The Board of Second Advance Value Realisation Company Limited notes the publication of the Investment Entities (Listing Rules and Conduct of Business) Instrument 2003, following consultation paper CP164 and confirms that no change will be made to the company's investment objective which is 'to manage its investments to provide value and liquidity for its investors'. The company's policy is not to invest more than 15% of its gross assets in UK listed investment companies. This information is provided by RNS The company news service from the London Stock Exchange