Net Asset Value(s)

Utilico Emerging Markets Limited
23 March 2007


                                                                                                23-Mar-07


Below is shown the net asset value per share for
Utilico Emerging Markets Limited at                                       20-Mar-07

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

Ordinary shares                                                                                     pence

Net Asset Value - ex income                                                                        143.47

Net asset Value - cum income                                                                       143.36

Net Asset Value - diluted ex income                                                                136.31

Net Asset Value - diluted cum income                                                               136.21






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