Company Profile For British Empire Securities & General Trust PLC

British Empire Securities & General Trust plc is a United Kingdom-based, closed-end investment trust. The Company is focused on portfolio of investments in companies whose share prices stand at a discount to estimated underlying net asset value. During the fiscal year ended September 30, 2008 (fiscal 2008), the top ten investments of the Company included Investor AB 'A', Sofina, Jardine Strategic Holdings, Jardine Matheson Holdings, Paris Orléans, Electra Private Equity, Groupe Bruxelles Lambert, Vivendi, Holmen AB 'B and Tüpra Turkiye Petrol Rafinerileri. The Company owns one dealing subsidiary, BEST Securities Limited. Asset Value Investors Limited (AVI) is the Company’s investment manager.

BRIEF: For the six months 31 March 2009, British Empire Securities & General Trust plc's total income decreased from £8.7M to £7.1M. Total loss on investments increased from £57.7M to £69.1M. Net loss increased from £53.6 to £66M Net asset value per share decreased from 395.96p to 349.23p. The Company's objective is to achieve capital growth through investments in Companies whose share prices stand at a discount to estimated NAV.