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Absolute Capital Man (ACMH)

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Monday 03 July, 2006

Absolute Capital Man

Best Hedge Fund Group 2006

Absolute Capital Mgmt Holdings Ltd
03 July 2006

                                                                     3 July 2006

Best Hedge Fund Group 2006 - Absolute Capital Management Holdings Limited (ACMH)

Absolute Capital Management Holdings (ACMH) is delighted to announce that the
company has been awarded 'Best Hedge Fund Group 2006' at this year's Hedge Fund
Review European Awards.

According to Hedge Fund Review, 'European funds on Eurekahedge's database were
in the running, judging was extensive and competition extremely fierce to win
the fund and group awards.'

For ACMH, the award reflects a period of significant growth and development.  In
2006 the company has seen a growth in Assets Under Management to over USD 1bn,
listing on the AIM in London and successfully providing investors with absolute
returns for all six funds currently under management.  In addition to the
company's award winning fund range, ACMH will launch two new funds on the 1st
July 2006; the Absolute Activist Value Fund (AAV) and the Absolute India Fund

The Absolute Activist Value Fund (AAV)

The AAV will enable ACMH to proactively impact positive change and unlock
shareholder value in companies that we consider to be undervalued.  Florian Homm
and his team will act as a catalyst that will increase shareholder value.  The
fund will concentrate ACMH and Florian Homm's extensive experience of activist
investing.  Since 2002 the company has been involved in more than 25 takeovers
and over 50 control filings.  The AAV offers investors the opportunity to take
advantage of a fund that will focus exclusively on shareholder activism.

The Absolute India Fund (AIF)
The AIF has been designed to take advantage of a geographical area of
exceptional future growth.  We have partnered with ASK Raymond James in India to
provide us with local stock picking talent in the Indian Market.  The fund will
combine local market expertise with ACMH's ability to provide an effective risk
overlay.  We feel that this is an excellent time to invest in India with
additional downside protection via the risk overlay, particularly as a result of
the recent decline in the Indian markets.


ACMH           Sean Ewing, Chairman and CEO          T: +44 (0)7768255472
Cardew Group   Tim Robertson                         T: 020 7930 0777
               Shan Shan Willenbrock

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

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