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Monthly Commentary - Replace

9th Feb 2007 12:38

Prodesse Investment Limited09 February 2007 The following replaces the previous announcement released today at 12.16 underRNS number 0209R. 09 February 2007 MONTHLY INVESTOR COMMENTARY FIDAC, the investment manager of Prodesse Investment Limited, has today postedits January monthly investor commentary on the US Mortgage Market, The USEconomy and the US Markets. This month's headlines are: The Mortgage Market: Prepays speed up; examining activity in sub-prime mortgagesThe Economy: The Fed looks to stay on hold, watching and waiting for definitive dataThe Markets: Stocks and bonds react to the Fed on hold; oil falls Investors can access a copy of the Monthly Commentary at www.prodesse.co.uk Press and Analyst Enquiries:Rob Bailhache / Nick Henderson, Financial DynamicsTel: 020 7269 7200 / 020 7269 7114 This information is provided by RNS The company news service from the London Stock Exchange EN

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