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 period from 1 June 2007 to 30 June 2008. 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out of date in some cases.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                                          
                                                                               
4 June 2007              Net Asset Value                                       
                                                                               
14 June 2007             Annual information update                             
                                                                               
3 July 2007              NAV & Quarterly disclosure                            
                                                                               
2 August 2007            Net Asset Value                                       
                                                                               
8 August 2007            Interim Management Statement                          
                                                                               
4 September 2007         Net Asset Value                                       
                                                                               
2 October 2007           NAV & Quarterly disclosure                            
                                                                               
2 November 2007          Net Asset Value                                       
                                                                               
19 November 2007         Interim results                                       
                                                                               
4 December 2007          Net Asset Value                                       
                                                                               
3 January 2008           NAV & Quarterly disclosure                            
                                                                               
4 February 2008          Net Asset Value                                       
                                                                               
15 February 2008         Interim Management Statement                          
                                                                               
4 March 2008             Net Asset Value                                       
                                                                               
2 April 2008             NAV & Quarterly disclosure                            
                                                                               
6 May 2008               Net Asset Value                                       
                                                                               
3 June 2008              Net Asset Value                                       
                                                                               
16 June 2008             Final results                                         

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                                              
                                                                               
6 July 2007              Resolutions passed at AGM                             
                                                                               
19 October 2007          Annual Return                                         
                                                                               

                                                   SVM Asset Management Limited

                                                              Company Secretary

                                                                   24 July 2008