CSUZ Close Ast.UK.Zd

RNS Number:1558N
Close UK Index Growth Fund 2006
03 June 2005


FOR IMMEDIATE RELEASE

3 June 2005

Close UK Index Growth Fund 2006

The Close UK Index Growth Fund's investment objective is to provide a final
capital entitlement of 148.64 pence per Zero Dividend Share, subject to the FTSE
100 Index closing above 4192.6 at the end of the Planned Life of the Company (15
November 2006) and in the absence of any unforeseen circumstances.

If the FTSE 100 Index closes below 4192.6 at the end of the Planned Life of the
Company, the final capital entitlement will be reduced by approximately 5 pence
for every fall of approximately 53 Index points in the FTSE 100 Index.

If at the end of the planned life of the Company and in the absence of any
unforeseen circumstances, the FTSE 100 Index closes at 4,964.00 (being the
closing level of the Index as at 31 May 2005), holders of the Zero Dividend
Shares shall be entitled to a final capital entitlement of approximately 148.64
pence per share on the winding-up date.

The Company announces that the net asset value as at 31 May 2005 was:

Per Zero Dividend Share 130.66p

Payoff Profile

The table below illustrates how the redemption value of the Shares might vary
for different ending levels of the FTSE 100 Index.

 Final FTSE 100 Index *      Zero Dividend Share
                            Terminal Asset Value

          2600                      0.00
          2700                      7.53
          2800                     16.98
          2900                     26.44
          3000                     35.89
          3100                     45.35
          3200                     54.80
          3300                     64.26
          3400                     73.71
          3500                     83.16
          3600                     92.62
          3700                    102.07
          3800                    111.53
          3900                    120.98
          4000                    130.44
          4100                    139.89
          4200                    148.64
          4300                    148.64
          4400                    148.64

* As at 15th November 2006

The final return is subject to there being no counterparty default or any other
unforeseen circumstances.

For further information contact:

J R Le Prevost
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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