GOVETT HIGH INCOME INVESTMENT TRUST PLC                   
NAV PER SHARE                              As at          
                                           16-Jan-04      
excluding undistributed current year                      
revenue                                                   
Ordinary shares                            0.0p           
Income shares                              0.0p           
Zero Dividend Preference shares            59.7p          
TOTAL ASSETS                               �28.28m        



END