SOV Sovgem

RNS Number:6039J
SovGEM Limited
11 December 2007


Press Release                                                   11 December 2007




                                 SovGEM Limited



                          ("SovGEM" or "the Company")



                Net Asset Value Update and Investor Presentation



SovGEM (AIM: SOV.L), the emerging market finance house, announces that the
Directors' best estimate of NAV as of close of business on 7 December 2007 is
31.7p per ordinary share.  61.4% of SovGEM's portfolio is quoted, 32% is
unquoted and 6.6% is held in cash.



Hugh de Lusignan, CEO of SovGEM, comments:



"We are pleased that during 2007 SovGEM's share price has appreciated 34%,
reflecting the strong underlying performance of our portfolio investments.



"We remain confident that in 2008 the Chinese economy, led by ever rising
domestic demand and consumption, will continue to grow, particularly with the
country's 11th Five-Year Plan for National Economy and Social Development and
the extra economic boost that it will receive from hosting the 2008 Beijing
Olympic Games.



"A key element of SovGEM's investment strategy is investing in companies that
are in the process of undertaking a financial 'step change'.  All of our
unquoted investee companies are planning to float during 2008.



"At the end of November we reached our three-year anniversary.  During this
period we have achieved a CAGR of 36%, a track record that we are proud of and
look forward to maintaining."



The Company has also released an updated investment presentation, which can be
found on the Company's website www.sovgem.com



                                    - ENDS -



For further information:
SovGEM Limited
Hugh de Lusignan, Chief Executive Officer              Tel: +44 (0) 20 7389 0655
hdelusignan@sovereigngroup.com



NOMAD & Broker
Landsbanki
Tom Hulme                                              Tel: +44 (0) 20 7426 9000
tom.hulme@landsbanki.com



Media enquiries:
Abchurch
Charlie Jack/Monique Tsang                             Tel: +44 (0) 20 7398 7706
monique.tsang@abchurch-group.com                          www.abchurch-group.com





Notes to Editors



SovGEM Limited is an emerging market finance house incorporated in Jersey.  Its
geographic investment focus includes China and other emerging markets.  SovGEM
joined AIM in November 2004 (AIM: SOV). Since joining AIM its Net Asset Value
has moved from 12.6p to 31.7p (as of 7 December 2007).



The Company invests in high-growth companies, virtually all of which are also
already profitable. SovGEM has an extensive network of professional advisors and
associates giving the Company access to the small cap Chinese and other emerging
markets. The Company aims to realise profits by investing in these companies as
they undertake a major step change either through listing, evolving to a more
senior financial market or undertaking an attractive rights issue. These
investments may comprise straight equity or debt instruments with an equity
conversion scheme.

Further information can be found at www.sovgem.com




                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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