Reorganisation

RNS Number:3578K
Alternative Invest. Strategies Ld
30 March 2005

Alternative Investment Strategies Limited

30 March 2005



Further to the announcement dated 21 March 2005, the Company announces that
2,982,484 Redeemable Ordinary Shares, representing all the Redeemable Ordinary
Shares tendered for purchase or redemption under the Proposals, have been placed
with existing investors by Hoare Govett Limited.



Accordingly, 65,337,950 new Sterling Hedged Shares have today been admitted to
the Official Lists of the UK Listing Authority and the Channel Islands Stock
Exchange and dealings in the new Sterling Hedged Shares have commenced today on
the London Stock Exchange and the Channel Islands Stock Exchange.



The SEDOL, ISIN, Reuters and Bloomberg codes are as follows:


Share Class                    SEDOL         ISIN            Reuters   Bloomberg


Sterling Hedged Shares         B06GDT1       GB00B06GDT12     AIS.L     AIS LN



Enquiries:


Alan Djanogly/Andrew Gibson                                       020 7734 8488

International Asset Management Limited


Bob Cowdell/Gary Gould                                            020 7678 8000

Hoare Govett Limited






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