Director Declaration

27th November 2008

                Queens Walk Investment Limited (the 'Company')                 

Change in Director's Details

In compliance with Listing Rule 9.6.14, the Company wishes to announce that it
has been notified by Mr John Hawkins, a Director of the Company, that he has
been appointed as a Non Executive Director of New Star UK Gemini Hedge Fund
Limited. His appointment date was 21st November 2008.

For further information, please contact:

Kleinwort Benson (Channel Islands) Fund Services Limited

Company Secretary

01481 727111

END