RNS Number:9241L
Metage Special Emerging Markets Fnd
04 June 2003

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

The Undiluted estimated NAV per ordinary share was USD 31.04.

The Fully Diluted estimated NAV per ordinary share was USD 28.46.

The next NAV produced will be for close of business on 6th June 2003.


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