22 February 2018

UTILICO EMERGING MARKETS LIMITED (the "Company")

(LEI Number: 213800UYZLSYB84N2H09)

Notice of Suspension of Subscription Shares

The Company has requested that the UK Listing Authority suspend the listing of its Subscription Shares from 7.30am on Thursday 1 March 2018 following the passing of the Final Subscription Date.  The listing of the Subscription Shares will be cancelled in due course.

Name of contact and telephone number for enquiries:

ICM Limited                 01372 271486

Alastair Moreton