RNS No 9423e
INDIA IT FUND LIMITED
3 September 1999


To:  Company Announcements Office

We list below as at 02-Sep-99 the prices of funds for which we act as
Administrator.

UTI International Limited

The India IT Fund Limited                   USD        Valuation Point: 31/08/99
Bid     32.99     Offer    35.09   Change   +1.67585

India IT Fund Limited                       USD        Valuation Point: 31/08/99
Nav     32.99

From:  Guernsey International Fund Managers Limited

END

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