Dividend Declaration - Sterli

RNS Number : 0479Y

Prodesse Investment Limited

26 August 2009

 



26 August 2009

PRODESSE INVESTMENT LIMITED

Sterling Conversion Rate for Q2 2009 Dividend 

The Company previously declared a dividend for the quarter ended 30 June 2009 of US$0.27 per share payable on 9 September 2009 to holders on the register on 21 August 2009. For those shareholders who have elected to receive their dividend in Sterling, the dividend will be 16.4594 pence per share based upon an exchange rate of 1.6404.

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 750850

 

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