Correction to EGM date

Queen's Walk Investment Limited
03 January 2008



THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION DIRECTLY OR
INDIRECTLY IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN

                Queen's Walk Investment Limited (the 'Company')

                            Correction to EGM date


On the 8 January 2008 at 12.30 p.m., the Company will hold an extraordinary
general meeting for shareholders to approve its proposed tender offer.


This meeting will not take place on the 18 January 2008 as previously announced
by the Company on 18 December 2007 (RNS number 2027K).


For further information please contact:


Investor Relations:

Caroline Villiers            [phone]


About Queen's Walk


Queen's Walk Investment Limited is a Guernsey-incorporated investment company
listed on the London Stock Exchange. The Company's investment objective is to
preserve capital and to provide stable returns to shareholders in the form of
quarterly dividends. To achieve this, Queen's Walk invests primarily in a
diversified portfolio of subordinated tranches of asset backed securities,
including the unrated 'equity' or 'first loss' residual income position
typically retained by the banks or other financial institutions which have
originated the loan assets that collateralise a securitisation transaction. The
Company makes such investments where its investment manager, Cheyne Capital
Management Limited, considers the coupon or cash flows from the investment to be
attractive relative to the credit exposure of the underlying asset collateral.


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