Net Asset Value(s)

Utilico Emerging Markets Limited
01 February 2008


Below is shown the net asset value per share for                                               London time
Utilico Emerging Markets Limited at                                        29-Jan-08                 15.30

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

Ordinary shares                                                                                      pence

Net Asset Value - ex income                                                                         174.71

Net asset Value - cum income                                                                        175.62

Net Asset Value - diluted ex income                                                                 162.49

Net Asset Value - diluted cum income                                                                163.25

C shares

Net Asset Value - ex income                                                                          96.65

Net asset Value - cum income                                                                         97.09




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