*

Hitt og þetta 14. ágúst 2006

Net Asset Value(s)

Impax Environmental Markets plc announces that as at the close of business on 11 August 2006 its net asset value (NAV) was £127.240 million, representing an undiluted NAV per ordinary share of 97.21p. The diluted NAV per ordinary share (assuming full conversion of all outstanding warrants) was 97.05p.

The investments in the Company's portfolio have been valued at bid prices in the above calculations.

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