RNS Number : 1020F
  Close Enhanced Commodities Fund Ld
  03 October 2008
   

    FOR IMMEDIATE RELEASE

    3 October 2008

    Close Enhanced Commodities Fund Limited (the "Company")

    The investment objective of the Company is to provide to shareholders, on the Redemption Date in February 2010, a capital amount of 100
pence per Share and a growth amount equal to two times any percentage increase in the End Value* of the Commodity Portfolio relative to its
Start Value. 

    The Commodity Portfolio is a notional portfolio of commodities comprising by value on the Start Date, being 22 February 2005, one-third
crude oil, one-third gold and one-third industrial metals (equally weighted between aluminium, copper and zinc).

    Based on the values of the commodities as at 30 September 2008, and assuming these values were to remain unchanged through to the end of
the life of the Company, the final capital entitlement per Share on the Redemption Date would be 263 pence.  This is not a forecast nor is
it a reflection of the net asset value per Share and takes no account of any unforeseen circumstances and is provided for informational
purposes only and should not be relied upon for investment decisions.
 Commodity            Start Value     As at 
                                   30 September
                                      2008:
 Oil                       $51.15       $100.64
 Gold                     $432.85       $884.50
 Aluminium               $1972.00     $2,395.00
 Copper                  $3367.00     $6,419.00
 Zinc                    $1383.00     $1,650.00
 Commodity Portfolio      100.00%       181.63%

    Payoff Profile
    The table below illustrates how the final capital entitlement of the Shares might vary for different End Values of the Commodity
Portfolio.

 Percentage change in End Value of the Commodity     Final Capital Entitlement
 Portfolio relative to its Start Value
 -100%                                               100
 -80%                                                100
 -60%                                                100
 -40%                                                100
 -20%                                                100
 0%                                                  100
 20%                                                 140
 40%                                                 180
 60%                                                 220
 80%                                                 260
 100%                                                300

    The final return is subject to there being no counterparty default or any other unforeseen circumstances.

    * The End Value will be the average value of the Commodity Portfolio over the one year period ending on 22 February 2010.


    The monthly factsheet is available on the website www.closeinvestments.com 

    For further information contact:

    Anson Fund Managers Limited
    Secretary

    Tel: 01481 722260

    E&OE - In Transmission

This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
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