Net Asset Value(s)-Amendment

Utilico Emerging Markets Limited
03 August 2007


This announcement replaces the previous announcement made at 14.19 hours 
numbered 5215B.

The net assets values have been amended as follows.

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

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

Ordinary shares                                                                                          pence

Net Asset Value - ex income                                                                             178.92

Net asset Value - cum income                                                                            181.24

Net Asset Value - diluted ex income                                                                     165.92

Net Asset Value - diluted cum income                                                                    167.85


The original announcement made at 14.19 today was as follows:

Below is shown the net asset value per share for

Utilico Emerging Markets Limited at                                       31-Jul-07

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

Ordinary shares                                                                                          pence

Net Asset Value - ex income                                                                             175.83

Net asset Value - cum income                                                                            178.15

Net Asset Value - diluted ex income                                                                     163.34

Net Asset Value - diluted cum income                                                                    165.27














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