RNS No 2335j
BETA GLOBAL EMERGING MARKETS INVESTMENT TRUST PLC
1st August 1997



1. ORDINARY SHARES

THE UNAUDITED NET ASSET VALUE OF BETA GLOBAL EMERGING MARKETS
INVESTMENT TRUST PLC ('BETAGEM') AS AT THE 31ST JULY 1997 IS 232.4
PENCE.

BETA GEM'S GEOGRAPHICAL DISTRIBUTION AS AT 31 JULY 1997 IS AS
FOLLOWS:

                  % OF TOTAL ASSETS               % OF TOTAL ASSETS

LATIN AMERICA                          ASIA

ARGENTINA                  3.8         CHINA             5.8
BRAZIL                     9.6         INDIA             6.9
CHILE                      3.5         INDONESIA         1.7
COLOMBIA                   1.1         PAKISTAN          2.7
MEXICO                    10.4         THAILAND          5.8
PERU                       2.5         VIETNAM           1.8

EUOPE/MIDDLE EAST                      AFRICA

EGYPT                      6.2         ZIMBABWE          3.8
ESTONIA                    1.7
LITHUANIA                  1.8
RUSSIA                     5.4
TURKEY                     2.9

OTHER                     15.8


HIGH YIELD INVESTMENTS    3.6

NET CASH                  3.2

CARMEN HAKHAM
COMPANY SECRETARY

END


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