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Northern Venture Trust PLC.

Top 15 investments by value as at 30 September 2011

Cost
£000
Valuation
£000
% of net assets by value
Kerridge Commercial Systems 1,740 3,672 5.9
Weldex (International) Offshore 3,262 3,262 5.2
Alaric Systems 2,175 2,602 4.2
CGI Group Holdings 3,449 1,965 3.1
CloserStill Holdings 1,000 1,731 2.8
Paladin Group 1,709 1,601 2.6
Kitwave One 1,582 1,582 2.5
Envirotec 813 1,263 2.0
Arleigh International 775 1,210 1.9
Axial Systems Holdings 1,004 1,117 1.8
Cawood Scientific 1,073 1,073 1.7
Evolve Investments 995 995 1.6
RCC Lifesciences 995 995 1.6
Tinglobal Holdings 988 988 1.6
Wear Inns 979 979 1.5
Total 22,539 25,035 41.6