9 Apr 2013 14:39

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Advance Developing Markets Fund Limited announces that as at the close of business on 5 April 2013 its unaudited Net Asset Value (NAV) was:
Net assets (millions) | NAV per ordinary share |
£332.7 | 518.64p |
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Notes:
The NAV per ordinary share figure is based on 64,148,682 ordinary shares (excluding shares held in treasury) in issue on the above date.
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Quoted investments in the Company's portfolio have been valued on a bid price basis in the above calculations. Investments in open-ended funds have been valued using their latest available net asset values.
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The above Net Assets and NAV figures include current financial year revenue items.
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No adjustment for dilution to the above NAV has been made in respect of any shares held in treasury.
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Enquiries:
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Advance Emerging Capital Limited (Investment Manager to Advance Developing Markets Fund Limited)
Dr Slim Feriani Tel: +44 (0)20 7016 0030
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Cavendish Administration Limited (UK Administration Agent)
Anthony Lee Tel: +44 (0)20 7490 4355
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Ordinary Shares - Listing Category: Premium - Equity Closed-ended Investment Funds
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