RNS Number:7845S
Metage Special Emerging Markets Fnd
11 March 2002

                     STATEMENT OF ESTIMATED NET ASSET VALUE

The Metage Special Emerging Markets Fund Limited announces that at the close of
business on 8th March, 2002

The Undiluted estimated NAV per ordinary share was USD 28.75 

The Fully Diluted estimated NAV per ordinary share was USD 26.53

The next NAV produced will be for close of business on 15th March 2002.

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

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