Monthly Commentary

Prodesse Investment Limited
11 March 2008


11 March 2008

                          MONTHLY INVESTOR COMMENTARY

FIDAC, the investment manager of Prodesse Investment Limited, has today posted
its February 2008 monthly investor commentary on the US Economy, US Mortgage
Market, and the US Markets.

This month's headlines are:

The Economy: The Fed breaks out the worry beads
The Mortgage Market: Mortgage rates lag Treasuries
The Markets: Gold and oil surge, the curve steepens

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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