RNS Number:7595N
Close Enhanced Commodities Fund Ld
12 December 2006

FOR IMMEDIATE RELEASE

12 December 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 30 November 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
228.00 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.

                                                     As at
Commodity                Start Value           30 November 2006:
Oil                        $51.15                   $63.13
Gold                       $432.85                  $646.70
Aluminium                  $1972.00                 $2686.00
Copper                     $3367.00                 $6936.00
Zinc                       $1383.00                 $4390.00
Commodity Portfolio        100.00%                  164.23%


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          Final Capital
of the Commodity Portfolio              Entitlement
relative to its Start Value 
                         
        -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

E&OE - in transmission





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

END
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