Strathdon releases results for nine months ended 30 September 2004

The following results incorporate six months of the INVESCO TechMARK Enterprise Trust up to the merger with Strathdon Investments Ltd on 28 June 2004 and three months of the combined entity post-merger. Basic net asset value increased to 35.52p per share (31 December 2003: 34.97p) reflecting changes to underlying portfolio valuations. Net assets increased to £17m (31 December 2003: £9.6m). The quoted portfolio, representing 36.4% of assets, outperformed the FT Information Technology Index by 8% in three months to 30 September 2004. The unquoted portfolio generated revenues over £8m (2003: £5m) with AMG, eParts and Meta performing above expectation.

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