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Close Enhanced Coms (CED)

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Thursday 07 September, 2006

Close Enhanced Coms

Inv Obj & Perf Update

Close Enhanced Commodities Fund Ld
07 September 2006

FOR IMMEDIATE RELEASE

PERFORMANCE UPDATE

7 September 2006

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 6 September 2006 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 225
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
                                                        6 September 2006:
Oil                                    $51.15               $ 67.50
Gold                                  $432.85              $ 635.40
Aluminium                            $1972.00             $ 2537.00
Copper                               $3367.00             $ 7906.50
Zinc                                 $1383.00             $ 3635.00
Commodity Portfolio =                 100.00%               162.51%


*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
Company Secretary

Tel: 01481 722260








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