Director Declaration

SVM UK Emerging Fund plc

Non-Executive Director Declaration

3 October 2013


SVM UK Emerging Fund plc (the "Company") has been informed that Mr Peter Dicks,
a non-executive director of the Company has retired as a director of Polar Capital
Technology Trust Plc.

Mr Dicks was appointed a director of Foresight Solar Fund Limited on 10
September 2013.

This disclosure is made pursuant to paragraph 9.6.14R of the Listing Rules.


Company Secretary
SVM Asset Management Limited