NORVESTIA'S NET ASSET VALUE ROSE BY 0.6 % IN FEBRUARY 2010
Change in NAV, 1 month		0.6 %
Change in NAV, since beginning of year		1.0 %
Change in NAV, 12 months		16.6 %	(dividend-adjusted)
		28/02/2010	31/01/2010	31/12/2009
Net asset value/share, €		9.83	9.77	9.73
		EUR	EUR	EUR
		million	million	million
ASSETS
NON-CURRENT ASSETS
	Tangible assets	0.0	0.0	0.0
	Deferred tax assets	6.4	6.5	6.9
	Interests in associates	3.7	3.7	3.7
	Other investments	1.8	1.8	1.8
CURRENT ASSETS
	Shares held for trading	62.7	57.8	48.6
	Other financial assets at fair value	50.4	42.8	43.2
	Cash and receivables	32.4	46.1	51.9
ASSETS IN TOTAL		157.4	158.7	156.1
Current liabilities		-0.7	-3.0	-0.9
Deferred tax liabilities		-6.1	-6.0	-6.1
NET ASSET VALUE		150.6	149.7	149.1
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.