DEXION ABSOLUTE LTD - 2015 Redeemed Shares

DEXION ABSOLUTE LIMITED (IN VOLUNTARY LIQUIDATION) (THE “COMPANY”)

2015 Redeemed Shares

Second Payment of Redemption Monies for 2015 Redeemed GBP £ Shares

At an extraordinary general meeting of the Company held on 23 March 2016, shareholders passed resolutions to wind-up the Company and appointed Linda Johnson and Ashley Paxton of KPMG Channel Islands Limited as joint liquidators (the “Liquidators”).

Under the terms of the 2015 Redemption Offer, as set out in the circular to Shareholders published by the Company on 26 August 2015 (the “Circular”), the Liquidators announce their intention to make a second payment of redemption monies for 2015 redeemed GBP £ shares (the “Payment”) of:

GBP £0.11999 per redeemed GBP £ share

This represents an interim payment of monies due; it is expected that further payments will be made in due course as the 2015 Redemption Portfolio (as defined in the Circular) is wound down.

The Payment will be effected pro rata to the holdings of 2015 redeemed GBP £ shares on the register at the close of business on 24 February 2017 (the “Record Date”).

The Payment will be paid by way of Sterling cheques drawn upon a UK clearing bank posted on 3 March 2017 to the shareholder’s registered address as at the Record Date.

Enquiries:

The Liquidators

Linda Johnson and Ashley Paxton

Glategny Court

Glategny Esplanade

St Peter Port

Guernsey

GY1 1WR

Tel:  [phone]

[e-mail]

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