Compliance with Model Code

Compliance with Model Code

SVM UK Emerging Fund plc (the "Company")

4 October 2013

In accordance with Listing Rule 15.5.1 (4), the Company announces that it is
satisfied that all inside information which the Directors and the Company may
have to 30 September 2013 has previously been notified via a regulatory
information service and, therefore, the dealings referred to in LR 15.5.1 (3)
are permitted.


Company Secretary
SVM Asset Management Limited