For immediate release
19 June 2008

Resignation of Director

On 26th March Mr Musa Erden tabled his resignation in order to take up a full time position, as previously announced, from the Board of the Fund. This was accepted pending approval from the Jersey Financial Services Commission ("JFSC").

The Fund subsequently received confirmation from the JFSC on the 17th June 2008 that Mr Erden's resignation had been approved.

List of Contacts

Numis Securities Ltd      020 7260 1000
Nick Westlake

Secretary      01534 709108
Jeremy Hamon