Net Asset Value(s)

Utilico Limited
20 December 2007


Below is shown the net asset value per share for
Utilico Limited                                                                               18-Dec-07

NAV per share (at bid market values) in £ sterling with prior charges at nominal
value
                                                                                                  pence

Ordinary Shares

Net Asset Value - ex income                                                                      349.26
Net Asset Value - cum income                                                                     352.98
Net Asset Value - diluted* ex income                                                             311.68
Net Asset Value - diluted* cum income                                                            314.79


Below is shown the accrued capital entitlement of the Zero Dividend Preference Shares

                                                                                                  pence

  2012                                                                                           127.69
  2014                                                                                           103.63
  2016                                                                                           103.63


The company will not be releasing a weekly net asset value statement for the week commencing 24th December
2007 due to the Christmas holidays. The next net asset value release will be for a valuation date of 31st
December 2007.




                      This information is provided by RNS
            The company news service from the London Stock Exchange