INVESTEC CAPITAL ACCUMULATOR TRUST LIMITED - Statement re Final Distribution

Final distribution announcement

At an extraordinary general meeting of the Company held on 30 April 2010, shareholders passed resolutions to wind-up the Company and appointed Ashley Paxton and Steven Stormonth of KPMG Channel Islands Limited as joint liquidators (the “Liquidators”).

Following the commencement of the liquidation the Liquidators approved an interim distribution of 91.3 pence per share (the “Interim Distribution”).  The Interim Distribution was paid to shareholders on Wednesday 2 June 2010.

During the initial phase of the liquidation the Liquidators identified a potential contingent liability which has, until now prevented the approval of a final liquidation distribution.  Following creditor circularisation and legal advice the Liquidators are now satisfied that the previously identified contingent liability will not crystallise and as such the Liquidators are pleased to announce their intention to make a final liquidation distribution (the “Final Distribution”) of:

GBP 0.031288 per Sterling Share in issue

The Final Distribution will be effected pro rata to the holdings of Ordinary Shares on the register at the close of business on 2 July 2015 (the “Record Date”).

The Final distribution will be paid on 8 July 20015 (the “Payment Date”).  Payment will be made by way of Sterling cheques drawn upon a UK clearing bank posted to the Shareholder’s registered address as at the Record Date.

Please note that this is a final liquidation distribution.  As soon as reasonably practicable following the payment of the Final Distribution the Liquidators will convene a final meeting of the Shareholders and take the necessary steps to dissolve the Company.

Enquiries:

The Liquidators
Ashley Paxton and Steven Stormonth
Tel:  [phone]
Fax: [phone]
Email: [e-mail]

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