Svm Uk Emerg Regulatory News (SVM)

For filings with the FSA include the annexFor filings with issuer exclude the annex

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying SVM UK EMERGING FUND PLCissuer of existing shares to which voting rightsare attached: ii2. Reason for the notification (please tick the appropriate box or boxes):An acquisition or disposal of voting rights

x

An acquisition or disposal of qualifying financial instruments which mayresult in the acquisition of shares already issued to which voting rightsare attached

An acquisition or disposal of instruments with similar economic effect toqualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to the SVM Asset Management Limitednotification obligation: iii

4. Full name of shareholder(s) Clients of SVM Asset Management

Limited

(if different from 3.):iv

5. Date of the transaction and date on 25 February 2013which the threshold is crossed orreached: v

6. Date on which issuer notified: 25 February 2013

7. Threshold(s) that is/are crossed or 5% fallen into 0reached: vi, vii

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of Situation previous Resulting situation after the triggeringshares to the triggering transaction transactionif possibleusingthe ISIN CODE Number Number Number Number of voting % of voting rights of of of shares rights x Shares Voting Rights Direct Direct xi Indirect Direct Indirect xiiOrdinary Shares 305,000 305,000 0 0 0 GB0000684174

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial Expiration Exercise/ Number of voting % of votinginstrument date xiii Conversion Period xiv rights that may be rights acquired if the instrument is exercised/ converted.

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial Exercise Expiration Exercise/ Number of voting rights % of votinginstrument price date xvii Conversion period

instrument refers to rights xix, xx

xviii Nominal DeltaTotal (A+B+C)Number of voting rights Percentage of voting rights0 0%

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi

Proxy Voting:10. Name of the proxy holder:

11. Number of voting rights proxy holder will ceaseto hold:

12. Date on which proxy holder will cease to holdvoting rights:13. Additional information:14. Contact name: Bridgette McDonald15. Contact telephone number: 0131 718 5602