26th Feb 2008 16:21
Prodesse Investment Limited26 February 2008 26 February 2008 PRODESSE INVESTMENT LIMITED Sterling Conversion Rate for Q4 2007 Dividend The Company previously declared a dividend for the quarter ended 31 December2007 of US$0.21 per share payable on 7 March 2008 to holders on the register on22 February 2008. For those shareholders who have elected to receive theirdividend in Sterling, the dividend will be 10.6162 pence per share based upon anexchange rate of 1.9781. 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:BNP Paribas Fund Services (Guernsey) Limited:Sara Radford / Jean McMillan 01481 743000 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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