TAR Third AD.

    Net Asset Value(s)
             



Third Advance Value Realisation Company Limited announces that as at
the close of business on 19th December 2008 its unaudited net asset
value was 75.49 pence per Ordinary Share.

The investments in the Company's portfolio have been valued at bid
price and 14,591,942 Ordinary Shares used in the above calculation.
The above net asset value includes the current financial year revenue
deficit.

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