Symphony International Holdings Ltd
20 March 2008
Not for distribution, directly or indirectly, in or into the United States or
any jurisdiction in which such distribution would be unlawful.
20 March 2008
Symphony International Holdings Limited (the 'Company')
The Company wants to inform shareholders that it is not aware of any particular
reason for the recent drop and volatility in the Company's share price. It can
only surmise that this is a result of recent market conditions and forced sales
by investors seeking to achieve liquidity from their portfolios.
The Company's portfolio of investments continues to perform well and the
Company's Net Asset Value, since the end of September compared to the Company's
Net Asset Value as at 31 December 2007, had appreciated by 5.13% in absolute
terms.
Net Asset Value
The Company today announces that, at the close of business on 31 December 2007,
the Company's unaudited Net Asset Value was US$360,312,310 (30 September 2007:
US$342,735,863) representing a Net Asset Value per ordinary share of US$1.065
(30 September 2007: US$1.013).
For further information, please contact:
Sunil Chandiramani - Symphony Asia Limited (Tel: +852 2801-6199)
No representation or warranty is made by the Company as to the accuracy or
completeness of the information contained in this announcement and no liability
will be accepted for any loss arising from its use.
This announcement is for information purposes only and does not constitute an
invitation or offer to underwrite, subscribe for or otherwise acquire or dispose
of any securities of the Company in any jurisdiction. All investments are
subject to risk. Past performance is no guarantee of future returns. Prospective
investors are advised to seek expert legal, financial, tax and other
professional advice before making any investment decisions.
This announcement is not an offer of securities for sale into the United States.
The Company's securities have not been, and will not be, registered under the
United States Securities Act of 1933 and may not be offered or sold in the
United States absent registration or an exemption from registration. There will
be no public offer of securities in the United States.
End of Announcement
This information is provided by RNS
The company news service from the London Stock Exchange
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