Director Declaration

16 April 2009

                Queen's Walk Investment Limited (the 'Company')                

Directors Declaration

In compliance with Listing Rule 9.6.14, the Company wishes to announce that it
has been notified by Mr Graham Harrison, a non-executive Director of the
Company, that he has now joined the Board of Ilex Credit Fund which is listed
on the Irish Stock Exchange.

For further information, please contact:

Kleinwort Benson (Channel Islands) Fund Services Limited

Company Secretary

01481 727111