TOPU Mwtops Usd

    Confirmed Net Asset Value as at 5 December 2008
             



                   MW TOPS LIMITED (the "Company")

             CONFIRMED WEEKLY NET ASSET VALUE OF SHARES

The confirmed net asset value per share ("NAV") of each of the
undermentioned three classes of shares of no par value in the Company
as at the close of business on Friday 5 December 2008 is:


Sterling Shares - GBp 915  ISIN: GG00B39VY027

Euro Shares     - EUR 9.03 ISIN: GG00B39VXT49

USD Shares      - USD 8.92 ISIN: GG00B39VY134


These NAVs have been calculated by Citi Hedge Fund Services (Ireland)
Limited.

This document is for information purposes only and is not an offer to
invest. "The Company is registered with the Dutch Authority for the
Financial Markets as a collective investment scheme which may offer
participations in The Netherlands pursuant to article 2:66 of the
Financial Markets Supervision Act (Wet op het financieel toezicht)."
All investments are subject to risk.  Past performance is no
guarantee of future returns.  Prospective investors are advised to
seek expert legal, financial, tax and other professional advice
before making any investment decision.  The value of investments may
fluctuate.  Results achieved in the past are no guarantee of future
results.

For further information about this announcement contact:

Anson Fund Managers Limited
Secretary
Tel: +44 (0)1481 722260

Friday 12 December 2008
                         END OF ANNOUNCEMENT

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This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.

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