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Wednesday 26 March, 2008

Tremont MasterStrat

Termination of Fund

Tremont Master Strategies Trust
26 March 2008

                                     STOCK EXCHANGE ANNOUNCEMENTPRIVATE

For Immediate Release
                   26 March 2008

                           Tremont Master Strategies Trust (the 'Trust')

                        Tremont Japan Fund (the 'Fund')

                                                    Re: Termination of Fund

The Directors of the Manager of the Trust wish to announce that the Directors of
the Manager have determined to terminate the Fund with effect from 30 April

The Directors of the Manager will mandatorily redeem all of the remaining units
of the Fund on 30 April 2008. This does not effect in any way shareholders right
to redeem units in accordance with the redemption procedure set out in the

Enquiries to:

Tremont Group Holdings Inc                         Jestine Diaz                +1 914 925 1166
J&E Davy                                           Amy Leonard                 +353 1 614 8933

This announcement has been issued through the Companies Announcement Service of

                           The Irish Stock Exchange.

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

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