CSUZ Close Ast.UK.Zd

RNS Number:6355L
Close UK Index Growth Fund 2006
06 November 2006

FOR IMMEDIATE RELEASE

6 November 2006

Close UK Index Growth Fund 2006

The investment objective of the Close UK Index Growth Fund 2006 is to provide
holders of Zero Dividend Shares with a maximum predetermined capital growth of
8.25% per annum over the five year period to 15 November 2006 by investing in a
portfolio of debt securities whose performance is based on the performance of
the FTSE 100 Index.

The Zero Dividend Shares were issued on 15 November 2001 at a price of 100p, and
have a maximum final capital entitlement on the redemption date on 15 November
2006 of 148.64p provided that the FTSE 100 Index does not fall by 20% or more
over the intervening period. If over that period the FTSE 100 Index were to fall
in excess of 20% then for each 1% fall in excess of that 20% a holder's final
entitlement will be reduced by approximately 4.955p. Accordingly, if over that
period the FTSE 100 Index were to fall by 50% or more then a holder would
receive no final capital entitlement whatsoever.

The Company announces that the net asset value as at 31 October 2006 was:

Per Zero Dividend Share 146.60 pence

Payoff Profile

The official closing level of the FTSE 100 Index as at 31 October 2006 was
6129.20. If the Index closed at this level on 14 November 2006, the redemption
price would be 148.64 pence.

Final FTSE 100 Index+         Ending Share Price

2600                                 0.00

2800                                 16.98

3000                                 35.89

3200                                 54.80

3400                                 73.71

3600                                 92.62

3800                                 111.53

4000                                 130.44

4200                                 148.64

4400                                 148.64

4600                                 148.64

4800                                 148.64

5000                                 148.64

5400 or over                         148.64


+As at 14th November 2006


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

Structured Capital at Risk Products (SCARPs)

The Company has been advised that the Close UK Index Growth Fund 2006 is a SCARP
as defined by the Financial Services Authority (FSA). Investors should refer to
the FSA factsheet, which is available at www.fsa.gov.uk/consumer/pdfs/
capital_risk.pdf.

The return of capital invested at the end of the investment period is not
guaranteed and therefore the investor may get back less than was originally
invested. Investors should not enter into the transaction unless they are
prepared to lose some or all of the money they have invested.

They should satisfy themselves that the Zero Dividend Shares are suitable for
them in the light of their circumstances and financial position, and if in any
doubt they should seek professional advice. Investors may only achieve the rate
of return advertised over a set period and the return may depend on specific
conditions being met.

The monthly factsheet is available on the website www.closefm.com.

For further information contact:

Anson Fund Managers Limited
Company Secretary

Tel: 01481 722260

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