Net Asset Value(s)

Utilico Emerging Markets Limited
08 January 2008


Below is shown the net asset value per share for
Utilico Emerging Markets Limited at                                        31-Dec-07

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

Ordinary shares                                                                                      pence

Net Asset Value - ex income                                                                         190.73

Net asset Value - cum income                                                                        191.46

Net Asset Value - diluted ex income                                                                 175.89

Net Asset Value - diluted cum income                                                                176.50

C shares

Net Asset Value - ex income                                                                          98.82

Net asset Value - cum income                                                                         98.91





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