This announcement corrects the net asset value announcement released yesterday.
The net asset value at 28 November 2003 should have been 1131.1p and not
980.0p as previously announced. All other details of the announcement are
unchanged.



GOVETT SINGAPORE GROWTH FUND LIMITED                      
NAV PER SHARE                              As at          
                                           28-Nov-03      
excluding undistributed current year                      
revenue                                                   
Ordinary shares                            1131.1p        
TOTAL ASSETS                               �24.88m        
excluding undistributed current year                      
revenue                                                   



END