THE MAURITIUS DEVELOPMENT INVESTMENT TRUST COMPANY LIMITED

7^th FLOOR, ANGLO-MAURITIUS HOUSE, A DE PLEVITZ STREET, PORT LOUIS, MAURITIUS

TELEPHONE : 212-3251 P.O. BOX 159

TELEFAX : 211-7093 PORT-LOUIS

E-MAIL : nmirthil@bbhm.intnet.mu MAURITIUS

NM/so/mdit-nav sem

14 March 2006

Mr Shamin Sookiah

Head of Listing

Listing Division

Stock Exchange of Mauritius

4th floor -Cathedral Square Building

16, Jules Koenig Street

Port Louis

Sir

Re: MDIT Net Asset Value

We set out below the notice regarding our Net Asset Value, which, subject to your approval, will be published in L’Express and Le Mauricien of 16 March 2006.

Yours faithfully

THE MAURITIUS DEVELOPMENT INVESTMENT TRUST COMPANY LIMITED

THE MAURITIUS DEVELOPMENT INVESTMENT TRUST COMPANY LTD (M.D.I.T)

Pursuant to Listing Rule 16.17, notice is hereby given that the Net Asset Value per M.D.I.T. Share at 28/02/06 was Rs 6.74 cum-dividend.

The Board of Directors of M.D.I.T. accepts full responsibility for

for the accuracy of the information contained in this communiqué.

BBHM (Management & Consultancy) Ltd

Managers & Secretaries

Nelson Mirthil

Manager