Company name Grafton Resource Inv
Headline NAV Prices

RNS Number : 7169J
Grafton Resource Investments Ltd
09 August 2012


For Immediate Release

9 August 2012


RE: NAV Prices



The Directors of Grafton Resource Investments Limited (the "Fund") wish to announce the following Net Asset Value (NAV) for the Fund as at 31 July 2012:


NAV as at 31 July 2012 in accordance with International Accounting Standards (IAS) - US$24.33 per share


NAV as at 31 July 2012 treating the convertible loan note as wholly repayable - US$22.74 per share


NAV is computed on the basis of 1,763,002 shares in issue 




The difference between the two NAVs is the treatment of US$2,795,000.00 equity part of the convertible loan notes arising upon the application of IAS being treated as a repayable debt obligation.


The annual management charge will be calculated on the basis of the NAV treating the convertible loan notes as wholly repayable.




NCB Stockbrokers Limited

Margot McDonagh

Phone: +353 1 611 5907










This announcement has been issued through the Companies Announcement Service of

The Irish Stock Exchange