SVM UK Emerging Fund Plc (the Fund) is a United Kingdom-based investment company. The investment objective of the Fund is long-term capital growth from investments in smaller the United Kingdom companies, which focus on the Alternative Investment Market (AIM). The Company invests in sectors, such as basic materials, industrials, oil and gas, consumer services, financials and utilities. As of March 31, 2012, the Fund�s investments included Nautical Petroleum, Nostra Terra Oil & Gas, Borders & Southern Petroleum, Clontarf Energy, Red 24, CR 201 Limited, Mantle Diamonds, Ultimate Finance Group, Rambler Metals & Minerals and Digital Learning Marketplace. SVM Asset Management Limited provides investment management and secretarial services to the Fund.