RNS Number:1320R
Metage Special Emerging Markets Fnd
21 October 2003

The Metage Special Emerging Markets Fund Limited announces that at the close of
business on the 17th of October, 2003 :-

The Undiluted estimated NAV per share ordinary share was USD 44.49

The diluted estimated NAV per share ordinary share was USD 39.77

The next estimate will be for close of business of 24th October 2003


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