RNS Number:7398R
Metage Special Emerging Markets Fnd
05 November 2003


The Metage Special Emerging Markets Fund Limited announces that at the close of
business on the 31st of October, 2003 :-

The Undiluted estimated NAV per ordinary share was USD 45.53.

The Fully Diluted estimated NAV per ordinary share was USD 40.65.

The next NAV produced will be for close of business on 7th November 2003.




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