Net Asset Value(s)

RNS Number:8224R
HSBC Global Absolute Limited
23 February 2007

HSBC Global Absolute Limited







Dear Sir:

Please find detailed below the estimated net asset value per share for HSBC
Global Absolute Limited as at 16 February 2007:

GBP Class   1.0311

USD Class   1.9264

This is an estimated valuation of the net assets of the Company as at 16
February 2007. 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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