RNS Number:0635O
CMA Global Hedge PCC Ltd
15 December 2006

CMA Global Hedge PCC Limited

Estimated Net Asset Values

Ordinary Shares

As at the close of business on 8 December 2006, the estimated net asset values
of the Company's shares are as follows:

     Share Class           NAV          MTD Performance    YTD Performance
       # Shares           10.03              0.40%              3.97%
      EUR Shares           9.97              0.40%              3.32%
      US$ Shares          10.08              0.50%              4.43%

These valuations, which have been prepared in good faith by the Company's
Administrator, are for information purposes only and are based on the unaudited
estimated valuations supplied to the Company's Administrator by the
administrators or managers of the Company's underlying investments. Such
estimates may be subject to little verification or other due diligence and may
not comply with generally accepted accounting practices or other generally
accepted valuation principles. In addition, some of those estimates may not be
supplied on a regular or timely basis with the result that the values of such
investments are based on the latest available estimates which may be some time
before the date set out above. Other risk factors which may be relevant to these
valuations are set out in the Company's prospectus dated 30th of June 2006.

Note: Year to date performance reflects performance since the inception of the
fund i.e. performance from July 2006 till the valuation date.



      All disclosure information including NAV reporting is available on:
                             www.cmaglobalhedge.com

                                    - ends -






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