Net Asset Value(s)

RNS Number : 5029H

Advance Developing Markets Fund Ltd

22 February 2010

 



Advance Developing Markets Fund Limited announces that its unaudited Net Asset Value (NAV) as at the close of business on 19 February 2010 was as follows:

	Net Assets         (millions)	NAV per ordinary share
Undiluted	£307.6	466.51p
Diluted	£343.1	439.15p

Notes:

The above NAV figures are based on 65,940,247 ordinary shares and 12,180,757 subscription shares in issue.

Investments in the Company's portfolio have been valued on a bid price basis in the above calculations.

The above NAV figures include current financial year revenue items.

Diluted net assets and NAV assume full conversion of all outstanding subscription shares to ordinary shares at the subscription price of 291.0p per share

 

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