Confirmed Net Asset Value as at 12 December 2008

    Confirmed Net Asset Value as at 12 December 2008
             



                   MW TOPS LIMITED (the "Company")

             CONFIRMED WEEKLY NET ASSET VALUE OF SHARES

The confirmed  net asset  value  per share  ("NAV")  of each  of  the
undermentioned three classes of shares of no par value in the Company
as at the close of business on Friday 12 December 2008 is:


Sterling Shares - GBp 914  ISIN: GG00B39VY027

Euro Shares     - EUR 9.02 ISIN: GG00B39VXT49

USD Shares      - USD 8.91 ISIN: GG00B39VY134


These NAVs have been calculated by Citi Hedge Fund Services (Ireland)
Limited.

This document is for information purposes only and is not an offer to
invest. "The Company is registered with  the Dutch Authority for  the
Financial Markets as a collective  investment scheme which may  offer
participations in The  Netherlands pursuant  to article  2:66 of  the
Financial Markets Supervision Act (Wet op het financieel  toezicht)."
All  investments  are  subject  to  risk.   Past  performance  is  no
guarantee of future  returns.  Prospective investors  are advised  to
seek expert  legal,  financial,  tax and  other  professional  advice
before making any investment decision.  The value of investments  may
fluctuate.  Results achieved in the  past are no guarantee of  future
results.

For further information about this announcement contact:

Anson Fund Managers Limited
Secretary
Tel: [phone]

19 December 2008
                         END OF ANNOUNCEMENT

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