23rd May 2007 16:55
Prodesse Investment Limited23 May 2007 23 May 2007 PRODESSE INVESTMENT LIMITED Sterling Conversion Rate for Q1 2007 Dividend The Company previously declared a dividend for the quarter ended 31 March 2007of US$0.14 per share payable on 31 May 2007 to holders on the register on 18 May2007. For those shareholders who have elected to receive their dividend inSterling, the dividend will be 7.0175 pence per share based upon an exchangerate of 1.995. About Prodesse Investment Limited Prodesse is a limited liability Guernsey-incorporated closed-end investmentcompany, the investments of which are managed by Fixed Income Discount AdvisoryCompany. The company's investment policy is to provide net income fordistribution from the spread between the interest income earned from a portfolioof residential mortgage-backed securities and the cost of repurchase agreementsentered into to finance the acquisition of such residential mortgage-backedsecurities. Enquiries:RBSI Fund Services (Guernsey) Limited:Sara Radford / Jeff Lanyon 01481 743000 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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