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Friday 20 October, 2006

Morley Alt.Inv.Strat

Re-designation of Share Class

MorleyAlternativeInvStrat Fd PCC Ld
20 October 2006



Stock Exchange Announcement


For immediate release                                                              20 October 2006








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



               Central European Long Short Fund (the 'Sub-fund')





  (Re:     Re-designation of shares classes on the Official List of the Irish
                                Stock Exchange)



The Board of Directors of the Fund wish to announce that they have applied to
the Irish Stock Exchange to have the following share classes re-designated:


                    Share Class                                    Re-Designated Share Class

CELS ($) Shares                                      CELS ($) Shares - Series 1
CELS (£) Shares                                      CELS (£) Shares - Series 1
CELS (€) Shares                                      CELS (€) Shares - Series 1





The rights of the shareholders have not been affected.



Enquiries:


Goodbody Stockbrokers                                                             Maeve Lynch

                                                                                  +353 1 641 0421



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


                      This information is provided by RNS
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