Notice of Results

Prodesse Investment Limited
20 December 2005


20 December 2005

                          PRODESSE INVESTMENT LIMITED
                      NOTICE OF Q4 RESULTS AND Q4 DIVIDEND

Prodesse Investment Limited will be announcing its Q4 results and Q4 dividend
for the three months ended 31 December 2005 on Wednesday 01 February 2006.

There will be an analyst presentation on the results at 10.0am on Wednesday 01
February at Financial Dynamics, Holborn Gate, 26 Southampton Buildings, London
WC2A 1PB.

Those analysts wishing to attend are asked to contact Nick Henderson at
Financial Dynamics on [phone] or at [e-mail].

The presentation will be accessible via a conference call for those unable to
attend in person. To register to listen-in on the conference call, please also
contact Nick Henderson at Financial Dynamics on [phone] or at
[e-mail].

A web cast of the presentation will be available following the meeting.

For further information, please contact:

Financial Dynamics
Robert Bailhache / Nick Henderson
Tel: [phone]

About Prodesse
Prodesse Investment Limited 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.




                      This information is provided by RNS
            The company news service from the London Stock Exchange