Total Voting Rights

FRM Credit Alpha Limited
05 July 2007

                               COMPANY ANNOUNCEMENT




For Immediate Release                                              5 July 2007
1506907


                    FRM Credit Alpha Limited (the 'Company')

                        RE: Confirmation of Voting Rights


The Directors of the Company wish to announce the total number of voting rights
in respect of each class of shares which is admitted to the Official List of the
Irish Stock Exchange as follows:




           Share Class                Number of Shares in Issue      Total Number of Voting Rights in
                                                                               Share Class

         Sterling Shares                     46,000,000                         46,000,000



None of the Shares are held by the Company in treasury.




Enquiries:

FRM Investment Management Limited                        Susan Gilliver
                                                         Phone: [phone]


McCann FitzGerald Listing Services Limited               Roslyn Doran
                                                         Phone: [phone]



This announcement has been issued through the Companies Announcement Service of
                           The Irish Stock Exchange.




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