Estimated NAVs 31JAN2011 (9009A)

TIDMDCL

RNS Number : 9009A

Dexion Commodities Limited

08 February 2011

Dexion Commodities Limited (the "Company")

Estimated Net Asset Values

Ordinary Shares

As at the close of business on 31st January 2011, the estimated net asset values of the Company's ordinary shares are as follows:-

 
                                 Since 21 
                                 January            MTD              YTD 
 Share Class        NAV        Performance      Performance*     Performance 
-------------  ------------  ---------------  ---------------  --------------- 
  GBP Shares    98.49 pence       -0.22%           +0.17%           +0.17% 
-------------  ------------  ---------------  ---------------  --------------- 
  EUR Shares    EUR 1.1880        -0.20%           +0.16%           +0.16% 
-------------  ------------  ---------------  ---------------  --------------- 
  US$ Shares    US$ 1.6828        -0.23%           +0.15%           +0.15% 
-------------  ------------  ---------------  ---------------  --------------- 
 

* Based on Final NAV for 31st December 2010 reported on 07th February 2011.

Redeemed Shares

As at the close of business on 31st January 2011, the estimated net asset value of the Company's Redemption Portfolio was US$0.92M. This was attributed between Redeemed Share classes as follows:-

 
 Share Class   NAV per Redeemed Share 
------------  ----------------------- 
 GBP Shares          US$ 0.0243 
------------  ----------------------- 
 EUR Shares          US$ 0.0251 
------------  ----------------------- 
 US$ Shares          US$ 0.0249 
------------  ----------------------- 
 

These valuations, which have been prepared in good faith by the Company's administrator, are for information purposes only and are based on the unaudited estimated valuations supplied to the Company's investment adviser by the administrators or managers of the Company's underlying investments and such valuations may not be considered independent or may be subject to potential conflicts of interest. Both weekly manager estimates and monthly valuations may be produced as at valuation dates which do not co-incide with valuation dates for the Company, may be based on valuations provided as of a significantly earlier date, may differ materially from the actual value of the Company's portfolio and are unaudited or may be subject to little verification or other due diligence and may not comply with generally accepted accounting practices or other generally accepted valuation principles. The Company's investment adviser, investment manager and administrator may not have sufficient information to confirm or review the completeness or accuracy of information provided by those managers or administrators of the Company's investments. In addition, those entities may not provide estimates of the value of the underlying funds in which the Company invests on a regular or timely basis or at all with the result that the values of such investments may be estimated by the investment manager. In the case of 0 of the Company's 29 investments, where no such formal valuation has been received by today's date, an estimated valuation prepared by the Company's investment adviser or by the manager or administrator of the underlying funds has been used. Certain other risk factors which may be relevant to these valuations are set out in the Company's prospectus dated 10 March 2006.

Net asset values for Redeemed Shares include only those costs and expenses attributable to Redeemed Shares which have been accrued as at the relevant NAV date.

This information is provided by RNS

The company news service from the London Stock Exchange

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