CSUZ Close Ast.UK.Zd

RNS Number:5402A
Close UK Index Growth Fund 2006
06 July 2004


FOR IMMEDIATE RELEASE

6 July 2004


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 4,464.10 (being the
closing level of the Index as at 30 June 2004), 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 30 June 2004 was:

Per Zero Dividend Share 109.35p

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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