RNS Number:8317K
Metage Special Emerging Markets Fnd
07 May 2003

The Metage Special Emerging Markets Fund Limited announces that at the close of
business on the 30th of April, 2003:

The Undiluted estimated NAV per ordinary share was USD 28.89.

The Fully Diluted estimated NAV per ordinary share was USD 26.65.

The next NAV produced will be for close of business on 9th May 2003.


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

NAVUUUAGAUPWPUM