Dividend Reinvestment Plan

8 May 2006 07:02

Prodesse Investment Limited08 May 2006 8 May 2006 Prodesse Investment Limited Announcement of Adoption of Dividend Reinvestment Plan The Board of Prodesse is pleased to announce that it has adopted the ProdesseInvestment Limited Dividend Reinvestment Plan (the "Plan") to enableshareholders to reinvest their quarterly dividends. Details of the Plan will beavailable at www.Prodesse.co.uk and any enquiries about the Plan may beaddressed to Computershare Investor Services (Channel Islands) Limited bytelephoning +44 (0) 1534 825329/825263 or in writing at PO Box 83, OrdnanceHouse, 31 Pier Road, St Helier, Jersey, JE4 8PW, Channel Islands. About Prodesse Investment Limited Prodesse is a limited liability Guernsey-incorporated closed-end investmentcompany, the investments of which are managed by Fixed Income Discount AdvisoryCompany. The company's investment policy is to provide net income fordistribution from the spread between the interest income earned from a portfolioof residential mortgage-backed securities and the cost of repurchase agreementsentered into to finance the acquisition of such residential mortgage-backedsecurities. This information is provided by RNS The company news service from the London Stock Exchange