17th Jul 2007 16:33
Prodesse Investment Limited17 July 2007 17 July 2007 PRODESSE INVESTMENT LIMITED Sterling Conversion Rate for Q2 2007 Dividend The Company previously declared a dividend for the quarter ended 30 June 2007 ofUS$0.16 per share payable on 3 August 2007 to holders on the register on 13 July2007. For those shareholders who have elected to receive their dividend inSterling, the dividend will be 7.594 pence per share based upon an exchange rateof 2.1069. 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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