RNS Number:9755T
Caledonia Investments PLC
07 January 2004


                           CALEDONIA INVESTMENTS PLC

               Unaudited net asset value per share at 31 December 2003


Caledonia Investments plc ("Caledonia") announces that its unaudited net asset
value as at 31 December 2003 was 1200 pence per share after deduction of the
interim dividend of 8.4 pence per share announced on 17 November 2003.

The shares went ex-div on 3 December 2003, and the interim dividend will be paid
on 8 January 2004 to shareholders on the register at the close of business on 5
December 2003.

The monthly reported net asset value per share, together with performance
statistics and information on the valuation of principal investments, is now
available on Caledonia's website at www.caledonia.com.

               
                                                                 7 January 2004


ENQUIRIES:


Caledonia Investments plc                                  Tel: 020 7 802 8080
Tim Ingram
Jonathan Cartwright


College Hill                                               Tel: 020 7 457 2020
Tony Friend


                      This information is provided by RNS
            The company news service from the London Stock Exchange
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