Conversion between classes June 2008

    RNS Number : 4795Y
  Goldman Sachs Dynamic Opportunities
  07 July 2008
   

    Goldman Sachs Dynamic Opportunities Limited (the "Company")

    Conversion Between Classes

    The table below summarises the aggregate Conversion Notices received in respect of the June 2008 Conversion Calculation Date: 

 Class of Ordinary Share to be      Total Ordinary     Class of Ordinary Share to be converted to
 converted from                      Shares to be
                                      converted
                                                         £ Shares     EUR Shares     US$ Shares
 £ Shares                              762,482              -           389,230        373,252

 EUR Shares                           4,360,141         4,360,141          -              -

 US$ Shares                           5,194,557         5,194,557          -              -


    Illustrative Conversion Ratios

    The Conversion Calculation Date is 30 June 2008.  On the basis of the estimated net asset values of the Company's Ordinary Shares as at
30 June 2008 (and using assumed spot currency exchange rates as appropriate, in each case at the Conversion Calculation Date), the
illustrative Conversion Ratios, calculated in accordance with the Company's articles of association are as follows:

 1.0915 US$ Shares for every one £ Share

 0.8909 EUR Shares for every one £ Share

 1.1225 £ Shares for every one EUR Share

 0.9162 £ Shares for every one US$ Share

    The illustrative Conversion Ratios have been calculated for information purposes only and are not intended to be, nor should they be
taken as, a forecast of either the actual Conversion Ratios or a forecast of the number of £ Shares, EUR Shares or US$ Shares (as
appropriate) which will arise on Conversion.

    Expected Timetable to Conversion

    The actual Conversion Ratios will be calculated and announced in accordance with the following expected timetable:
                                                                          2008

 Announcement of actual Conversion Ratios                             8 August

 Conversion Date                                                     11 August


 Ordinary Shareholder CREST or Euroclear accounts credited with      By 8.00am
 new Shares (of the relevant class)                                  11 August


    Enquiries:

 Robin Amer                Tel: [phone]
 RBC Offshore Fund
 Managers Limited


This information is provided by RNS
The company news service from the London Stock Exchange
 
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