NORVESTIA'S NET ASSET REMAINED UNCHANGED IN APRIL
Change in NAV, 1 month 0.0% (dividend-adjusted)
Change in NAV, since beginning of year -0.7% (dividend-adjusted)
Change in NAV, 12 months -1.6% (dividend-adjusted)  
30/04/2008 31/03/2008 31/12/2007
Net asset value/share, € 10.17 10.17 10.74
MEUR MEUR MEUR
ASSETS
NON-CURRENT ASSETS
Tangible assets 0.0 0.0 0.0
Investments in associated companies 1.1 1.1 1.1
CURRENT ASSETS
Shares held for trading 50.3 61.1 71.5
Other financial assets at fair value 42.3 41.0 39.8
Other investments 1.8 1.8 1.8
Cash and receivables 65.6 59.6 59.1
ASSETS IN TOTAL 161.1 164.6 173.3
Current liabilities -1.1 -4.3 -3.5
Deferred tax liability -4.3 -4.5 -5.3
NET ASSET VALUE 155.7 155.8 164.5
Number of shares 15,316,560
PRINCIPLES OF CALCULATION
Publicly listed shares, investment funds and derivatives have been measured at 
closing price. In case the closing price has been unavailable, the purchase 
quotation has been used. Unlisted shares have been measured at fair value using 
various valuation methods.