Close Enhanced Commodities Fund II Statement re Redemption of Shares (1106H)

TIDMCED2

RNS Number : 1106H

Close Enhanced Commodities Fund II

14 June 2013

FOR IMMEDIATE RELEASE

CLOSE ENHANCED COMMODITIES FUND II LIMITED (the "Company")

REDEMPTION OF PARTICIPATING SHARES IN THE COMPANY (the "Shares")

The investment objective of the Company is to provide to shareholders, on the Redemption Date of 14 June 2013, a capital amount of 100 pence per Share and a growth amount equal to two times any percentage increase in the End Value* of the Commodity Portfolio relative to its Start Value.

The Commodity Portfolio is a notional portfolio of commodities comprising by value on the Start Date, being 31 May 2007, one-eighth of each of oil, copper, aluminium, zinc, nickel, sugar, corn and wheat.

*The End Value is the aggregate of the average official closing price of each constituent of the Commodity Portfolio on the last business day of each month in the one year prior to the End Date of 31 May 2013.

The aggregate value of the Commodities Portfolio on the End Date has resulted in a Final Capital Entitlement of 139 pence per Share. Shareholders who hold their Shares on the Redemption Date will receive Redemption Proceeds of 139 pence per Share.

The Redemption Proceeds payable to Shareholders are expected to be paid within 7 business days and are to be paid to all Shareholders by cheque, made payable to the relevant holder, or in the case of joint holders to such relevant joint holders. Such payments are sent at the risk of the holder(s) to the address of the holder, or first named joint holder, as it appears on the Company's Register of Members or by such alternative method as previously communicated to the Company's Registrar.

The listing of the Fund's Shares on the Official List and trading on the London Stock Exchange plc's main market for listed securities was suspended on 3 June 2013 with the expected cancellation date being 1 July 2013.

For further information contact:

Anson Fund Managers Limited

Secretary

Tel: [phone]

Anson Registrars Limited

Registrar and Paying Agent

Tel: [phone]

14 June 2013

END OF ANNOUNCEMENT

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