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Thursday 01 June, 2006

Morley Alt.Inv.Strat

Re-designation of Shares

MorleyAlternativeInvStrat Fd PCC Ld
01 June 2006

Stock Exchange Announcement

For immediate release                                                              1 June 2006

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

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

                       Re:      Re-designation of Shares

The Board of Directors (the 'Board') of the Fund wishes to announce the
following changes with effect from 1 June 2006:

Redesignation of Shares

Current description                            New Designation
G7 (£) Shares - Series 2b                      Tranche 1 G7 (£) Shares-Series 2b
G7 (£) Shares- Series 3b                       Tranche 1 G7 (£) Shares-Series 3b
G7 ($) Shares - Series 3b                      Tranche 1 G7 ($) Shares - Series 3b

The rights of the shareholders have not been affected.


Goodbody Stockbrokers                                                             Ciara Bollard

                                                                                  +353 1 641 9414

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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