Notice of Results

Prodesse Investment Limited
18 October 2006

                                     



18 October 2006


                          PRODESSE INVESTMENT LIMITED

                              NOTICE OF Q3 RESULTS


Prodesse Investment Limited will be announcing its Q3 Results for the three
month period ended 30 September 2006 on Monday 06 November 2006.

There will be an analyst presentation on the results at 10:00am on Monday 06
November 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 also be accessible via a conference call for those unable
to attend in person. To listen-in please contact Nick Henderson at Financial
Dynamics.


A web cast of the presentation will be available following the meeting at
www.prodesse.co.uk.


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