Net Asset Value(s)

Utilico Emerging Mkts Utilities Ltd
30 June 2006


                                                                                                 30-Jun-06


Below is shown the net asset value per share for
Utilico Emerging Markets Utilities Limited at                              27-Jun-06

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

Ordinary shares                                                                                      pence

Net Asset Value - ex income                                                                         103.85

Net asset Value - cum income                                                                        105.84

Net Asset Value - diluted ex income                                                                 103.21

Net Asset Value - diluted cum income                                                                104.87

C Shares                                                                                             pence

Net Asset Value - ex income                                                                          94.25

Net asset Value - cum income                                                                         94.71

There is no dilution for C Shares




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