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Portfolio Update

2nd Jan 2007 17:04

Queen's Walk Investment Limited.

Investment companies disclosure

Queen's Walk Investment Limited announces today that as at 31st December 2006 the Company's top ten holdings were:

Asset % Holding RMAC 2005 NSP2 plc 9.91% Newgate Funding plc 8.05% EUROSAIL 2006-1X R 6.33% RMAC 2004-NSP4 plc 5.73% Sestante Finance S.R.L. 5.32% Southern Pacific Financing 5.19%06-A plc RMAC 2005 NS3 plc 4.29% Southern Pacific Financing 3.95%05-B plc RMAC 2005-NS1 plc 3.88% Magellan Mortgages No. 1 plc 3.48%Keith Le Page

Kleinwort Benson (Channel Islands) Fund Services Limited

Company Secretary

01481 727111

QUEEN'S WALK INVESTMENT LTD

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