RNS Number:7804T
Close Enhanced Commodities Fund Ld
06 May 2008




FOR IMMEDIATE RELEASE

6 May 2008

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 April 2008, 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 307
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 April 2008:
Oil                                    $51.15                   $113.46
Gold                                  $432.85                  $ 871.00
Aluminium                            $1972.00                 $ 2895.00
Copper                               $3367.00                 $ 8655.00
Zinc                                 $1383.00                 $ 2195.50
Commodity Portfolio                    100.00%                   203.53%


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.closeinvestments.co.uk



For further information contact:

Anson Fund Managers Limited
Secretary

Tel: 01481 722260

End of Announcement



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

END
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