Net Asset Value(s)

Genesis Emerging Markets Fund Ld
06 August 2002



                              COMPANY ANNOUNCEMENT


                     Genesis Emerging Markets Fund Limited




6 August, 2002


The Directors of Genesis Emerging Markets Fund Limited would like to announce
that the Company's Net Asset Value per share was $14.98 as at the 31st July,
2002.




Enquiries :




Genesis Investment Management Limited Martyn Ryan

Phone + 44 (0) 20 7201 7200



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