CED Close Enhanced

    RNS Number : 6875G
  Close Enhanced Commodities Fund Ld
  24 October 2008
   

    GENERAL TEXT AMENDMENT

    The announcement released by Close Enhanced Commodities Fund Limited with the headline 'Inv Obj & Perf Update' on Thursday 23 October
2008 at 15:34 under RNS number 5664G cited an incorrect percentage value of the commodity portfolio of 153.33%, which percentage value
should have been stated to be 135.14%.  All other details remain unchanged and the full amended text is shown below.

    FOR IMMEDIATE RELEASE

    24 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  22 October 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 170 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 
                                     22 October 2008
 Oil                         $51.15           $66.75
 Gold                       $432.85          $744.00
 Aluminium                $1,972.00        $1,982.00
 Copper                   $3,367.00        $4,286.00
 Zinc                     $1,383.00        $1,125.00
 Commodity Portfolio =      100.00%          135.14%


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


    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
 
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