RNS Number:2912K
Metage Special Emerging Markets Fnd
23 April 2003



The Metage Special Emerging Markets Fund Limited announces that at the close of
business on the 18th of April, 2003:



The Undiluted estimated NAV per ordinary share was USD 29.03

The Fully Diluted estimated NAV per ordinary share was USD 26.77

The next NAV will be for close of business 30th April 2003


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