Net Asset Value(s)

Impax Environmental Markets plc announces that its unaudited net asset value as at 31st March 2003 was £23.693 million, representing a net asset value per ordinary share of 47.39p. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/04/03/20030403BIT01180/wkr0001.doc http://www.waymaker.net/bitonline/2003/04/03/20030403BIT01180/wkr0002.pdf