Monthly Commentary

Prodesse Investment Limited
09 November 2007





9 November 2007

MONTHLY INVESTOR COMMENTARY


FIDAC, the investment manager of Prodesse Investment Limited, has today posted
its October monthly investor commentary on the US Economy, US Mortgage Market,
and the US Markets.

This month's headlines are:

The Economy: The Federal Reserve fears the third risk
The Mortgage Market: Mortgage prepayments continue to slow; ARMs gain
The Markets: Oil and gold, helped by technical issues as well as the weak dollar

Investors can access a copy of the Monthly Commentary at www.prodesse.co.uk



Press and Analyst Enquiries:
Rob Bailhache / Nick Henderson, Financial Dynamics
Tel: [phone]




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