Dividend Conversion Rate

Prodesse Investment Limited 17 July 2007 17 July 2007 PRODESSE INVESTMENT LIMITED Sterling Conversion Rate for Q2 2007 Dividend The Company previously declared a dividend for the quarter ended 30 June 2007 of US$0.16 per share payable on 3 August 2007 to holders on the register on 13 July 2007. For those shareholders who have elected to receive their dividend in Sterling, the dividend will be 7.594 pence per share based upon an exchange rate of 2.1069. About Prodesse Investment Limited Prodesse is a limited liability Guernsey-incorporated closed-end investment company, the investments of which are managed by Fixed Income Discount Advisory Company. The company's investment policy is to provide net income for distribution from the spread between the interest income earned from a portfolio of residential mortgage-backed securities and the cost of repurchase agreements entered into to finance the acquisition of such residential mortgage-backed securities. Enquiries: BNP Paribas Fund Services (Guernsey) Limited: Sara Radford / Jean McMillan 01481 743000 This information is provided by RNS The company news service from the London Stock Exchange
UK 100

Latest directors dealings