RNS Number:7353C
Close Enhanced Commodities Fund Ld
10 May 2006


FOR IMMEDIATE RELEASE

10 May 2006

Close Enhanced Commodities Fund Limited (the "Company")

The investment objective of the Company is to provide to shareholders, on the
Redemption Date in February 2010, a capital amount of 100 pence per Share and a
growth amount equal to two times any percentage increase in the End Value* of
the Commodity Portfolio relative to its Start Value.

The Commodity Portfolio is a notional portfolio of commodities comprising by
value on the Start Date, being 22 February 2005, one-third crude oil, one-third
gold and one-third industrial metals (equally weighted between aluminium, copper
and zinc).

Based on the values of the commodities as at 28 April 2006, and assuming these
values were to remain unchanged through to the end of the life of the Company,
the final capital entitlement per Share on the Redemption Date would be 223.00
pence. This is not a forecast nor is it a reflection of the net asset value per
Share and takes no account of any unforeseen circumstances and is provided for
informational purposes only and should not be relied upon for investment
decisions.

Commodity                            Start Value                As at
                                                            28 April 2006:
Oil                                          $51.15              $71.88
Gold                                        $432.85             $644.00
Aluminium                                  $1972.00            $2753.50
Copper                                     $3367.00            $7230.00
Zinc                                       $1383.00            $3229.00
Commodity Portfolio                          100.00%             161.75%


Payoff Profile
The table below illustrates how the final capital entitlement of the Shares
might vary for different End Values of the Commodity Portfolio.

Percentage change in End Value of the Commodity Portfolio         Final Capital
relative to its Start Value                                       Entitlement
  -100%                                                           100
   -80%                                                           100
   -60%                                                           100
   -40%                                                           100
   -20%                                                           100
     0%                                                           100
    20%                                                           140
    40%                                                           180
    60%                                                           220
    80%                                                           260
   100%                                                           300


The final return is subject to there being no counterparty default or any other
unforeseen circumstances.

* The End Value will be the average value of the Commodity Portfolio over the
one year period ending on 22 February 2010.

The monthly factsheet is available on the website www.closefm.com.

For further information contact:
Anson Fund Managers Limited
Company Secretary
Tel: 01481 722260



                      This information is provided by RNS
            The company news service from the London Stock Exchange

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