NORVESTIA'S NET ASSET VALUE ROSE BY 2.1% IN AUGUST 2009
Change in NAV, 1 month		2,1 %
Change in NAV, since beginning of year		12,5 %	(dividend-adjusted)
Change in NAV, 12 months		-1,8 %	(dividend-adjusted)
		31.8.2009	31.7.2009	31.12.2008
Net asset value/share, €		9,58	9,39	8,77
		MEUR	MEUR	MEUR
ASSETS
NON-CURRENT ASSETS
	Tangible assets	0,0	0,0	0,0
	Deferred tax asset	6,8	7,2	9,0
	Investments in associated companies	3,6	3,6	3,5
CURRENT ASSETS
	Shares held for trading	43,5	46,2	48,8
	Other financial assets at fair value	40,6	39,6	30,9
	Other investments	1,7	1,7	1,7
	Cash and receivables	56,7	51,0	43,5
ASSETS IN TOTAL		152,9	149,3	137,4
Current liabilities		-0,9	-0,9	-0,5
Deferred tax liability		-5,2	-4,6	-2,6
NET ASSET VALUE		146,8	143,8	134,3
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.