Result of AGM

ANNUAL GENERAL MEETING OF SVM UK EMERGING FUND PLC

The Company announces that, at the Annual General Meeting held today, all 11 resolutions put to shareholders were duly passed including special resolutions 9 and 10.

The level of proxies received for each of these Resolutions is indicated below.

A total of 10 proxy forms representing over 1.3 million shares were lodged with the Registrars.  These shares represent approximately 22% of the issued share capital of the Company and the votes were cast as follows:-

Resolution		Votes for	Votes Against	Discretionary Votes	Total Votes Cast (Excluding Votes Withheld)	Votes Withheld
1	Receive the report and accounts for the year ended 31 March 2014	1,339,140	51	5,529	1,344,720	0
2	Approval of directors’ remuneration policy	1,339,140	51	5,529	1,161,000	0
3	Approval of directors’ remuneration report	1,339,140	51	5,529	1,161,000	0
4	Re-appoint Mr P Dicks	1,339,140	51	5,529	1,161,000	0
5	Re-appoint Mr R Bernstein	1,339,140	51	5,529	1,161,000	0
6	Re-appoint Mr A Puckridge	1,339,140	51	5,529	1,161,000	0
7	Appointment of auditors	1,339,140	51	5,529	1,161,000	0
8	Directors’ authority to allot shares	1,339,140	51	5,529	1,161,000	0
9	Dis-apply pre-emption rights	1,339,140	10,051	5,529	1,161,000	0
10	Authority to purchase own shares	1,339,140	51	5,529	1,161,000	0
11	Approval to continue the fund for a further five years	1,339,140	15,580	0	1,161,000	0

The total number of shares in issue on 11 September 2015 was 6,005,000.

*A vote 'Withheld' is not a vote in law and therefore is not counted in the calculation of the proportion of votes 'For' and 'Against' a resolution

In accordance with the UK Listing Authority’s Listing Rule 9.6.2, copies of the resolutions have been submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/nsm

Enquiries:

Diane Miller 0131 718 5618

SVM Asset Management Limited

11 September 2015