RNS Number:7409T
Dexion Absolute Limited
30 December 2003

Dexion Absolute Limited ("the Company")

November Net Asset Value

C Shares

The net asset value per C Share as of 30 November 2003 was 98.43p

As at that date none of the net proceeds of the recent placing of C shares had
been invested other than in short term money market investments and cash.

As set out in the Company's listing particulars dated 26 September 2003, the
Company's investment adviser expects that the net proceeds of the recent placing
of C shares will be substantially invested or committed to be invested on 1
January 2004. Conversion is expected to occur on or about 4 February 2004.



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