Monthly Investor Commentary

Prodesse Investment Limited
10 December 2007


10 December 2007

MONTHLY INVESTOR COMMENTARY

FIDAC, the investment manager of Prodesse Investment Limited, has today posted
its November monthly investor commentary on the US Economy, US Mortgage Market,
and the US Markets.

This month's headlines are:

The Economy: Did rearranging the deck chairs help the Titanic?
The Mortgage Market: Reviewing loan modification and the sub-prime rescue plan
The Markets: Bonds were up, and mortgage rates remain elevated relative to
Treasuries

Investors can access a copy of the Monthly Commentary at www.prodesse.co.uk

Press and Analyst Enquiries:

Rob Bailhache / Nick Henderson, Financial Dynamics
Tel: [phone]



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