Share Sale and Purchase Facility

Under the Share Sale Facility provided to shareholders by JPMorgan
Cazenove Limited, 67,535 ordinary shares were offered. All these
shares were placed at 2,090p per share, representing a 3.1% premium
to the net asset value as at the close of business on 10 December
2008. Shareholders wishing to purchase shares under the Share
Purchase Facility were allocated 53.5 per cent. of their requests.

Enquiries:

Peter Spiller, CG Asset Management 0207 131 4000

William Simmonds, JPMorgan Cazenove 0207 588 2828