RNS Number:4375U
Hansa Trust PLC
20 January 2004


HANSA TRUST PLC


NET ASSET VALUE


The estimated unaudited net asset value, calculated in accordance with the
guidelines of the Association of Investment Trust Companies, for Hansa Trust
PLC, Ordinary and 'A' Ordinary shares at the close of business on 19th January
2004 was 410.74p (ex income).





For and on behalf of the Board


Hansa Capital Limited


Secretary


20th January 2004


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