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Friday 26 May, 2006

Morley Alt.Inv.Strat

Chge of Name and Redesign.

MorleyAlternativeInvStrat Fd PCC Ld
26 May 2006

Stock Exchange Announcement

For immediate release                                                              26 May 2006

Morley Alternative Strategy Fund PCC Limited (the 'Fund')

G7 Fixed Income Cell (the 'Sub-Fund')

Re:      Change of Name of Sub-Fund and Re-designation of Shares

The Board of Directors (the 'Board') of the Fund wishes to announce the
following changes with effect from 26th May:

Redesignation of Shares

Current description                            New Designation
G7 (£) Shares                                  Tranche 1 G7 (£) Shares
G7 (€) Shares                                  Tranche 1 G7 (€) Shares
G7 ($) Shares                                  Tranche 1 G7 ($) Shares

The rights of the shareholders have not been affected.

Change of Name of the Sub-Fund

The Sub-Fund has changed it name from 'G7 Fixed Income Cell' to 'G7 Fixed Income


Goodbody Stockbrokers                                                             Ciara Bollard

                                                                                  +353 1 641 9414

This announcement has been issued through the Companies Announcement Service of

                            the Irish Stock Exchange

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