*

Hitt og þetta 29. júní 2006

Net Asset Value(s)

Impax Environmental Markets plc announces that as at the close of business on 28 June 2006 its net asset value (NAV) was £132.427 million, representing an undiluted NAV per ordinary share of 101.10p. The diluted NAV per ordinary share (assuming full conversion of all outstanding warrants) was 100.43p.

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

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