Henderson Global NAV - Net Asset Value(s)

HENDERSON GLOBAL INVESTORS

23 May 2012

HENDERSON FLEDGLING TRUST PLC

As at close of business on 22 May 2012, the unaudited net asset value per ordinary share (including current financial year revenue items and valued using bid prices) was 421.4p. As the Company's shares are now ex-dividend, the dividend has been deducted from the net asset value.

As at close of business on 22 May 2012, the unaudited net asset value per ordinary share (excluding undistributed current financial year revenue items and valued using bid prices) was 417.7p.

HENDERSON GLOBAL TRUST PLC

As at close of business on 22 May 2012, the unaudited net asset value per ordinary share (including current financial year revenue items) with the cumulative preference stock at par value using bid prices was 329.2p and the net asset value per ordinary share with the cumulative preference stock at fair value was 329.9p.

As at close of business on 22 May 2012, the unaudited net asset value per ordinary share (excluding current financial year revenue items) with the cumulative preference stock at par value using bid prices was 324.5p and the net asset value per ordinary share with the cumulative preference stock at fair value was 325.2p.

HENDERSON EUROPEAN FOCUS TRUST PLC

As at close of business on 22 May 2012, the unaudited net asset value per ordinary share (including current financial year revenue items and valued using bid prices) was 612.2p.

As at close of business on 22 May 2012, the unaudited net asset value per ordinary share (excluding undistributed current financial year revenue items and valued using bid prices) was 597.0p.

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For further information, please call:

Wendy King

Investment Trust Department

Henderson Global Investors

Tel: 020 7818 4233