RNS Number:8740L
Prospect Japan Fund Ld
10 November 2006


Prospect Japan Fund Limited

10 November 2006


Dealings by Directors


Pursuant to Disclosure Rule 3.1 Prospect Japan Fund Limited is obliged to notify
the RNS of Director's holdings or interests of the Directors or their connected
persons in shares of the Company.

Prospect Japan Fund Limited was notified on Thursday 9 November 2006 that the
following holding of ordinary shares were acquired by Alliance Trust Savings
Plan on 9 November 2006 and are beneficially held by Ann Fitzwilliam-Lay, wife
of David Fitzwilliam-Lay, Chairman of the Company:

40,742 shares at US$2.06 per share (0.04% of the issued share capital)


Enquiries:


Douglas Mackay
Northern Trust International Fund Administration Services (Guernsey) Limited
Trafalgar Court
Les Banques
St Peter Port
Guernsey
GY1 3QL


01481 745339


END



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

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