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IMPAX ENVIRONMENTAL MARKETS PL (IEM)

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Wednesday 24 August, 2005

IMPAX ENVIRONMENTAL MARKETS PL

Net Asset Value(s)






Impax Environmental Markets plc announces that its unaudited net
asset value as at 23 August 2005 was £43.926 million. The net asset
value per ordinary share was 87.85p.

The investments in the Company's portfolio have been valued at mid
market price in the above calculations.




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