Predator Oil Regulatory News (PRD)

3 Sep 2008 14:23



3 September 2008

PRODESSE INVESTMENT LIMITED

Net Asset Value

The Company announces that the unaudited Net Asset Value per Ordinary share, including accrued and net undistributed income, as at 31 August 2008 was US$6.46.

Assuming a USD/GBP exchange rate of 1.8173, which was the prevailing spot rate on 29 August 2008, the NAV per share would have been equivalent to 355p. This figure is given for information only, as Prodesse holds its assets and liabilities, and reports its results in US Dollars.

Enquiries:

BNP Paribas Fund Services (Guernsey) Limited:

Sara Radford / Jean McMillan 01481 750850