RNS Number:0611E
Close European Accelerated Fund Ltd
18 September 2007




TR-1:        NOTIFICATION OF MAJOR INTERESTS IN SHARES


1. Identity of the issuer or the                    Close European Accelerated 
underlying issuer of existing shares                Fund Limited             
to which voting rights are attached:


2. Reason for the notification (please
tick the appropriate box or boxes)                                                                       

An acquisition or disposal of voting rights         X
                             
An acquisition or disposal of financial             
instruments which may result in the      
acquisition of shares already issued to
which voting rights are attached

An event changing the breakdown of voting 
rights                                
                            
Other (please specify):
                              
3. Full name of person(s) subject to the            MF Global UK Limited
notification obligation:                              

4. Full name of shareholder(s) (if different        N/A
from 3.):                                             

5. Date of the transaction (and date on             12/09/07
which the threshold is crossed or reached 
if different):

6. Date on which issuer notified:                   13/09/07
                      
7. Threshold(s) that is/are
crossed or reached:                                 3%
                               
8. Notified details:                                3.97


A: Voting rights attached to shares
Class/type   Situation previous to the  Resulting situation after the triggering 
of shares    Triggering transaction     transaction
if possible

using the    Number of   Number of     Number of Number of       % of voting 
ISIN CODE    Shares      Voting Rights shares    voting rights   rights
                                 
                                       Direct    Direct Indirect Direct Indirect

GB00B0DB8N84  1,595,000    1,595,000   1,568,600 1,568,600       1,568,600


B: Financial Instruments

Resulting situation after the triggering transaction

Type of     Expiration Exercise/     Number of voting rights that may   % of
financial   date       Conversion    be acquired if the instrument is   voting
instrument             Period/ Date  exercised/ converted.              rights

Total (A+B)

Number of voting rights                      % of voting rights
                                 
1,568,600                                    3.97%


9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:


Proxy Voting:

10. Name of the proxy holder:             N/A

11. Number of voting rights proxy         N/A
    holder will cease to hold:               

12. Date on which proxy holder will       N/A
    cease to hold voting rights:           


13. Additional information:               N/A

14. Contact name:                         Anson Fund Managers Limited

15. Contact telephone number:             +44 (0) 1481 722260


18 September 2007

E&OE- In Transmission



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