RNS Number:0458P
Metage Special Emerging Markets Fnd
26 August 2003

The Metage Special Emerging Markets Fund Limited announces that at the close of
business on 22nd of August 2003 :-

The Undiluted estimated NAV per ordinary share was USD 40.20.

The Fully Diluted estimated NAV per ordinary share was USD 36.16.

The next NAV produced will be for close of business on 29th August 2003


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