Net Asset Value(s)

Utilico Emerging Markets Limited
20 March 2008


Below is shown the net asset value per share for                                               London time
Utilico Emerging Markets Limited at                                        18-Mar-08                 13.00

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

Ordinary shares                                                                                      pence

Net Asset Value - ex income                                                                         164.24

Net asset Value - cum income                                                                        165.33

Net Asset Value - diluted ex income                                                                 153.74

Net Asset Value - diluted cum income                                                                154.64






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