RNS Number:5561E
Close Enhanced Commodities Fund Ld
14 June 2006


FOR IMMEDIATE RELEASE

14 June 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 31 May 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 240.00
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
                                                             31 May 2006:
Oil                                            $51.15         $71.29
Gold                                          $432.85        $653.00
Aluminium                                    $1972.00        $2712.00
Copper                                       $3367.00        $8140.00
Zinc                                         $1383.00        $3910.00
Commodity Portfolio                           100.00%         170.30%

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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