4 Apr 2006 14:00
SVM Global Fund plc ("SVG")The unaudited net asset value per share at the close of business on 31 March2006 was 350.61 pence. This has been calculated using bid market prices.In accordance with the continuing obligations under Listing Rule 21.20 (l) (i),SVG confirms that, as at the close of business on 31 March 2006, there were twoportfolio investments representing a total of 4.2% of its gross assets thatwere invested in other listed investment companies and trusts which have astated investment policy that they are likely to invest more than 15% of theirgross assets in other listed investment companies and trusts.The holdings were as follows:-Advance UK Trust 2.1% Advance Developing Markets Trust 2.1% In accordance with the continuing obligations under Listing Rule 21.20 (l)(ii), SVG's ten largest holdings as at the close of business on 31 March 2006were as follows:-Eurovestech 4.8% Novy Neft II 4.6% ML Japan Enhanced Performance 4.2% Prospect Japan 3.8% Merrill Lynch World Mining 3.8% JP Morgan Russian Securities 3.5% Novy Neft 3.3% Firebird Republics Fund 3.3% Firebird New Russia Fund 3.0% F & C Latin American IT 2.8%ENDSVM GLOBAL FUND PLC