RNS Number:6724M
Metage Special Emerging Markets Fnd
23 June 2003

The Metage Special Emerging Markets Fund Limited announces that at the close of
business on the 20th June 2003 :-

The Undiluted estimated NAV per ordinary share was USD 33.79

The Fully Diluted estimated NAV per ordinary share was USD 30.77

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




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