Annual Information Update

SVM UK Emerging Fund plc                            

                           ANNUAL INFORMATION UPDATE                           

In accordance with the requirements of Prospectus Rule 5.2, the following
statement summarises the information and documents published or made available
to the public during the financial year ending 31 March 2006. In addition, the
Company also publishes monthly net asset values for the ordinary shares through
the London Stock Exchange.

The announcements referred to below were published through a Regulatory
Information Service on the London Stock Exchange on specific dates and may be
out of date in some cases. Copies of the announcements can be accessed from the
website www.londonstockexchange.com

Date                     Announcement                                          
                                                                               
27 May 2005              Final Results                                         
                                                                               
8 June 2005              Holdings in Company                                   
                                                                               
4 July 2005              Results of AGM                                        
                                                                               
5 July 2005              Quarterly disclosure                                  
                                                                               
8 September 2005         Director/PDMR Shareholding                            
                                                                               
7 October 2005           Quarterly disclosure                                  
                                                                               
28 November 2005         Interim results                                       
                                                                               
6 January 2006           Quarterly disclosure                                  

The documents listed below have been filed at Companies House and copies can be
obtained from there or through their website www.companieshouse.gov.uk

                         Document                                              
                                                                               
4 July 2005              Resolutions passed at AGM                             
                                                                               
14 October 2005          Annual Return                                         

                                                   SVM Asset Management Limited

                                                              Company Secretary

                                                                   30 June 2006