PJF Prospect Japan

RNS Number:1434Q
Prospect Japan Fund Ld
14 March 2008


COMPANY ANNOUNCEMENT



For Immediate Release 14 March 2008



                      THE PROSPECT JAPAN FUND LIMITED ("the Fund")



         Re: Purchase and Cancellation of the Fund's own equity shares



The Directors wish to announce the following purchase for cancellation of the
Fund's own equity shares;


Trade date     Equity shares purchased Purchase price  Remaining Shares in Issue

14 March 2008                 25,000   USD1.44                     100,640,520





Enquiries:
Northern Trust International Fund 
Administration Services             Contact: Mr Andrew Maiden
(Guernsey) Limited                  Phone: (+44 1481)745368




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

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