Holding(s) in Company

FRM Credit Alpha Limited (the "Company") reports that it has been advised by JPMorgan Chase Bank, National Association on 5th November 2013, using a copy of a TR1 notification of major interest in shares that, following a transaction on 30th October 2013, J.P. Morgan Securities plc has a direct holding (and as its parent company, JPMorgan Chase & Co. thereby has a corresponding indirect holding) over 961,010 participating sterling shares of no par value in the capital of the Company representing 15.32% of the current issued capital of the Company.