Last checked at 18 Nov 2009 15:00
18 November 2009
PRODESSE INVESTMENT LIMITED
Sterling Conversion Rate for Q3 2009 Dividend
The Company previously declared a dividend for the quarter ended 30 September 2009 of US$0.28 per share payable on 2 December 2009 to holders on the register on 13 November 2009. For those shareholders who have elected to receive their dividend in Sterling, the dividend will be 16.4900 pence per share based upon an exchange rate of 1.698.
About Prodesse Investment Limited
Prodesse is a limited liability Guernsey-incorporated closed-end investment company, the investments of which are managed by Fixed Income Discount Advisory Company. The Company's investment policy is to provide net income for distribution from the spread between the interest income earned from a portfolio of residential mortgage-backed securities and the cost of repurchase agreements entered into to finance the acquisition of such residential mortgage-backed securities.
Enquiries:
BNP Paribas Fund Services (Guernsey) Limited:
Sara Bourne / Jean McMillan 01481 750850