20 September 2016

UTILICO EMERGING MARKETS LIMITED ("UEM")

BOARD CHANGES

As indicated in the Company's annual report and accounts, UEM announces that Mr Alex Zagoreos has retired from the Board of UEM at the annual general meeting held earlier today, 20 September 2016. 

Mr John Rennocks has been elected as Chairman of UEM with immediate effect.

For further information please contact:

ICM Investment Management Ltd

Charles Jillings

01372 271486

Stockdale Securities Limited

Alastair Moreton

Rose Ramsden

0207 601 6118