Holding(s) in Company

For filings with the FSA include the annex                                              
                                                                                        
For filings with issuer exclude the annex                                               
                                                                                        
                                                                                        
                                                                                        
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                                         
                                                                                        
                                                                                        
                                                                                        
1. Identity of the issuer or the underlying issuer                                      
of existing shares to which voting rights are                   SVM UK Emerging Fund PLC
attached:ii                                                                             
                                                                                        
2 Reason for the notification (please tick the appropriate box or boxes):               
                                                                                        
An acquisition or disposal of voting rights                                             
                                                                                        
An acquisition or disposal of qualifying financial instruments which may result         
in the acquisition of shares already issued to which voting rights are attached         
                                                                                        
An acquisition or disposal of instruments with similar economic effect to               
qualifying financial instruments                                                        
                                                                                        
An event changing the breakdown of voting rights                                       x
                                                                                        
Other (please specify):                                                                 
                                                                                        
3. Full name of person(s) subject to the                Jupiter Asset Management Limited
notification obligation:iii                                                             
                                                                                        
4. Full name of shareholder(s)                                                          
 (if different from 3.):iv                                                              
                                                                                        
5. Date of the transaction and date on                                                  
which the threshold is crossed or                                      2 September  2011
reached: v                                                                              
                                                                                        
6. Date on which issuer notified:                                       6 September 2011
                                                                                        
7. Threshold(s) that is/are crossed or                                Holding went to 0%
reached: vi, vii                                                                        
                                                                                        


 

8. Notified details:                                                                    
                                                                                        
A: Voting rights attached to shares viii, ix                                            
                                                                                        
Class/    Situation previous          Resulting situation after the triggering          
type of   to the triggering           transaction                                       
shares    transaction                                                                   
                                                                                        
          Number          Number      Number Number of voting       % of  voting rights 
if        of              of          of     rights                 x                   
possible  Shares          Voting      shares                                            
using                     Rights                                                        
the ISIN                              Direct Direct   Indirect xii  Direct Indirect     
CODE                                         xi                                         
                                                                                        
Ordinary                                                                                
          481,500         481,500                     0                    0%           
GB0068417                                                                               
                                                                                        
                                                                                        
                                                                                        
B: Qualifying Financial Instruments                                                     
                                                                                        
Resulting situation after the triggering transaction                                    
                                                                                        
Type of      Expiration     Exercise/                Number of voting    % of voting    
financial    date xiii      Conversion Period xiv    rights that may be  rights         
instrument                                           acquired if the                    
                                                     instrument is                      
                                                     exercised/                         
                                                     converted.                         
                                                                                        
n/a                                                                                     
                                                                                        
                                                                                        
                                                                                        
C: Financial Instruments with similar economic effect to Qualifying Financial           
Instruments xv, xvi                                                                     
                                                                                        
Resulting situation after the triggering transaction                                    
                                                                                        
Type of    Exercise price Expiration Exercise/      Number of voting % of voting rights 
financial                 date xvii  Conversion     rights           xix, xx            
instrument                           period xviii   instrument                          
                                                    refers to                           
                                                                                        
                                                                                        
                                                                                        
                                                                     Nominal Delta      
n/a                                                                                     
                                                                                        
                                                                                        
                                                                                        
                                                                                        
Total (A+B+C)                                                                           
                                                                                        
Number of voting rights                 Percentage of voting rights                     
                                                                                        
0                                       0%                                              
                                                                                        


 

9. Chain of controlled undertakings through which the voting rights and/or the          
financial instruments are effectively held, if applicable: xxi                          
                                                                                        
                                                                                        
                                                                                        
                                                                                        
                                                                                        
                                                                                        
                                                                                        
Proxy Voting:                                                                           
                                                                                        
10. Name of the proxy holder:                                                           
                                                                                        
11. Number of voting rights proxy holder will cease                                     
to hold:                                                                                
                                                                                        
12. Date on which proxy holder will cease to hold                                       
voting rights:                                                                          
                                                                                        
                                                                                        
                                                                                        
                                                                                        
13. Additional information:                                                             
                                                                                        
14. Contact name:                                                             Jenny Hogg
                                                                                        
15. Contact telephone number:                                              0207 314 4732