Net Asset Value(s)

RNS Number:7345N
HSBC Global Absolute Limited
17 June 2005

HSBC Global Absolute Limited


Dear Sir:

Please find detailed below the estimated net asset value per share for HSBC
Global Absolute Limited as at 10 June 2005:

GBP Class 0.8507

USD Class 1.5943

This is an estimated valuation of the net assets of the Company as at 10 June
2005. This valuation is for information purposes only and has not been verified
by the Company or the Manager. It is based on unaudited estimated valuations
supplied by the administrators, managers or investment advisers of the Company's
underlying investments. Whilst the Manager believes this information to be
useful investor information, it is subject to material change and consequently
no reliance should be placed as to its accuracy. Neither the Company nor the
Manager accept any liability whatsoever in regard to this information. The only
official valuation of the Company's portfolio is the valuation produced as at
the last business day of each month and reported via RNS when released.



END


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