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ICG ENTERPRISE TRUST Unaudited Interim Results For the six months ended 31July 2021 Highlights NAV per Share of 1,523p , NAV per Share Total Return of 11.1 % ¹ during the period ; 37.5 % over the last twelve months ● Portfolio grows to milestone valuation of £ 1bn , NAV per Share of 1,523p ● Portfolio Return on a Local Currency Basis during the period of 14.9 % ¹ ( Sterling return : 12.8 % ) ; 48.5 % over the last twelve months . Portfolio valued at £ 1,0 19m on 31July 2021 Realisation Proceeds of £ 175m in the period , higher than the average annual Realisation Proceeds for the last five years 34 Full Exits generated 26 % ¹ Uplift to Carrying Value and 2.8x¹ M ultiple to Cost £ 133m of investments in the period , 76 % into High Conviction Investments including five Direct Investments Second quarter dividend of 6p per share , taking total for the period to 12p . Intention reaffirmed to declare total dividends of at least 27p per share during the financial year ending 31January 2022 , an increase of 12.5 % per share compared to the previous financial year Oliver Gardey Head of Private Equity Fund Investments , ICG 66 We are delighted to report another strong period for ICG Enterprise Trust . NAV per Share stood at 1,523p at the period end , delivering NAV per Share Total Return of 11.1 % in the first half of the year . Our Portfolio has performed well , generating a 14.9 % Return on a Local Currency Basis within the period and 48.5 % over the last twelve months . We are proud that the Portfolio has grown to the £ 1bn milestone . Growth was broad - based , underpinned by strong performance of our investments across the Portfolio as well as by realisation activity . Realisations continue to be at a significant Uplift to Carrying Value . This is a testament to our focused investment strategy and the quality of the Portfolio we have actively constructed . Investment activity during the second quarter was particularly elevated , in particular in High Conviction Investments . As well as five new direct investments , we co - invested alongside ICG in a substantial LP secondary investment into an attractive portfolio of mature funds . This transaction further demonstrates the benefits we enjoy by being part of the broader ICG platform . Looking ahead , we continue to see a strong pipeline of exciting opportunities to generate attractive risk adjusted returns . I am therefore confident we remain well placed to deliver further long - term shareholder value . " " ¹ Alternative Performance Measure