SOV Sovgem

RNS Number:0696R
SovGEM Limited
28 March 2008




Press release                                                  28 March 2008


                                 SovGEM Limited
                          ("SovGEM" or "the Company")

                               Directors' Dealing



The Company was informed that Hugh de Lusignan, Chief Executive Officer, today
purchased 12,500 shares of 0.001p in the Company ("Ordinary Shares") at 17p per
Ordinary Share. Mr de Lusignan subsequently holds 1,836,950 Ordinary Shares,
representing 8.07 per cent. of the Company's total issued share capital.

The Company was also informed that Douglas Kearney, Chief Financial Officer,
today purchased 12,500 Ordinary Shares of 0.001p in the Company at 17p per
Ordinary Share. Mr Kearney subsequently holds 1,167,727 Ordinary Shares,
representing 5.13 per cent. of the Company's total issued share capital.

                                    - ENDS -



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



NOMAD & Broker
Landsbanki Securities (UK) Limited
Tom Hulme / Sebastian Jones                            Tel: +44 (0) 20 7426 9000
tom.hulme@landsbanki.com



Media enquiries:
Abchurch Communications Limited
Charlie Jack / Monique Tsang                           Tel: +44 (0) 20 7398 7712
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 (23 November 2004) its
Net Asset Value has increased from 12.6p to 27.4p (as of 14 March 2008).



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
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