RNS Number:8857F
Close Enhanced Commodities Fund Ld
07 July 2006


FOR IMMEDIATE RELEASE

7 July 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 30th June 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 221.00
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
                                                             30 June 2006:
Oil                                           $51.15             $73.93
Gold                                         $432.85            $613.50
Aluminium                                   $1972.00           $2550.50
Copper                                      $3367.00           $7501.00
Zinc                                        $1383.00           $3260.00
Commodity Portfolio                           100.00%            160.74%

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

END
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