Notice of Results

Prodesse Investment Limited
29 April 2008



29 April 2008

                          PRODESSE INVESTMENT LIMITED

                           NOTICE OF Q1 2008 RESULTS

Prodesse Investment Limited will be announcing its Q1 2008 results for the three
months ended 31 March 2008 on Tuesday 13 May 2008.

There will be a conference call to discuss the results at 10:00 UK-time on
Tuesday 13 May and a live audio webcast and presentation will be available via
the Prodesse website, www.prodesse.co.uk. The dial-in number for the conference
call is 0845 113 0070 / [phone] and the passcode is 45671070.

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