Result of EGM

Siam Investment Fund
22 February 2006

For Immediate Release                                          February 22, 2006

                              SIAM INVESTMENT FUND 

                    Results of Extraordinary General Meeting


The Board of Directors of the Siam Investment Fund (the 'Fund') wishes to
announce that at an Extraordinary General Meeting of the shareholders held on
February 22, 2006 in Bangkok, Thailand, the shareholders considered but did not
give their approval to three resolutions: one resolution to extend the life of
the Fund, which will expire at midnight (Cayman Islands time) on February 22,
2006, and two resolutions to place the Fund into voluntary liquidation and to
appoint liquidators for the Fund.

Accordingly, in compliance with the Fund's Memorandum and Articles of
Association and in accordance with the laws of the Cayman Islands, the Fund will
commence voluntary liquidation with effect from midnight (Cayman Islands time)
on February 22, 2006, and the Directors of the Fund will become the Liquidators
of the Fund. As a result of the voluntary liquidation the Fund's listing on the
Official List of the UK Listing Authority and admission to trading on the London
Stock Exchange's main market for listed securities will be suspended from 7.30am
UK time on 23 February 2006.

In addition, the shareholders approved a resolution to remove David Roberts as a
Director of the Fund, with immediate effect.

Finally at a board meeting of the directors on 22 February 2006 the directors
appointed Mr Andrew Pegge as an additional director of the Fund.


SIAM INVESTMENT FUND
Craig Alan Wilson
Secretary to the Board of Directors
Phone: [phone]



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