Net Asset Value(s)

RNS Number:2701X
HSBC Global Absolute Limited
20 January 2006


HSBC Global Absolute Limited


Dear Sir:

Please find detailed below the estimated net asset value per share for HSBC
Global Absolute Limited as at 13 January 2006:

GBP Class 0.9350

USD Class 1.7291

This is an estimated valuation of the net assets of the Company as at 13 January
2006. 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.



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

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