RNS Number:6452H
Metage Special Emerging Markets Fnd
18 February 2003

The Metage Special Emerging Markets Fund Limited announces that at the close of
business on the 14th of February, 2003:

The Undiluted estimated NAV per ordinary share was USD 26.99

The Fully Diluted estimated NAV per ordinary share was USD 25.05

The next NAV will be for close of business 21st February 2003


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