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CQS RIG Finance Fund LTD (RIG)

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Wednesday 31 October, 2007

CQS RIG Finance Fund LTD

Quarterly Shareholder Fact Sheet


For release on 31 October 2007

                         CQS Rig Finance Fund Limited                          

                       Quarterly Shareholder Fact Sheet                        

CQS Rig Finance Fund Limited (the "Company") a closed-ended investment company
incorporated in Guernsey, is pleased to announce that its third Quarterly
Shareholder Fact Sheet is now available on the Company's website:

www.cqsrigfinance.com

For further information, please contact:

Ann Spelman                           Alastair Moreton                       
                                                                             
Secretary                             Director, Corporate Finance            
                                                                             
Kleinwort Benson (Channel Islands)    Arbuthnot Securities                   
Fund Services Limited                                                        
                                      alastairmoreton@arbuthnot.co.uk        
01481 727111                                                                 
                                      020 7012 2000