Starvest PLC
02 April 2007



RNS announcement for release Monday 2 April 2007


Net asset value at 31 March 2007

The Directors report a 16% increase of £2.1m in the value of the Starvest
portfolio since 31 December 2006, the date of the last quarterly update.

The net asset value based on mid-market closing prices on Friday 30 March 2007
was £15.4m, which equates to 37.7 pence per share, an increase of 5.44 pence per
share since 31 December.  All values are calculated on a fully diluted pre tax
basis.

During the quarter, the Starvest share price has risen from 17 pence to close at
26.5 pence; the discount to net asset value at 31 March 2007 was 29.7%.

Interim statement

The Board plans to issue a full interim statement on 12 April 2007.

Periodic updates

Investors who wish to receive electronic copies of announcements are invited to
register their email address on the home page of the Company website:
www.starvest.co.uk.



Enquiries to:

Bruce Rowan, Chairman, telephone 020 7486 3997 or

John Watkins, Finance Director, telephone 01483 771992 or to john@starvest.co.uk



2 April 2007



End




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