Net Asset Value(s)

Utilico Limited
08 May 2008


Below is shown the net asset value per share for
Utilico Limited                                                                                 06-May-08

NAV per share (at bid market values) in £ sterling with prior charges at nominal
value
                                                                                                    pence

Ordinary Shares

Net Asset Value - ex income                                                                        310.19
Net Asset Value - cum income                                                                       313.08
Net Asset Value - diluted* ex income                                                               277.43
Net Asset Value - diluted* cum income                                                              279.94


Below is shown the accrued capital entitlement of the Zero Dividend Preference Shares

                                                                                                    pence

  2012                                                                                             131.05
  2014                                                                                             106.45
  2016                                                                                             106.45

Ordinary shares issued on the exercise of the 2008 warrants were issued by the Company on
Wednesday 7 May 2008 and hence are not included in this week's NAV calculations.
The diluted NAVs include the 2008 warrants.





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