Last checked at 19 Nov 2008 16:00
RNS Number : 5130I
Prodesse Investment Limited
19 November 2008
19 November 2008
PRODESSE INVESTMENT LIMITED
Sterling Conversion Rate for Q3 2008 Dividend
The Company previously declared a dividend for the quarter ended 30 September 2008of US$0.23 per share payable on 28 November 2008 to holders on the register on 14 November 2008. For those shareholders who have elected to receive their dividend in Sterling, the dividend will be 15.1925 pence per share based upon an exchange rate of 1.5139.
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 Radford / Jean McMillan 01481 750850
This information is provided by RNS
The company news service from the London Stock Exchange