Result of EGM

    RNS Number : 9217F
  PSolve Alternatives PCC Ltd
  15 October 2008
   

    PSolve Alternatives PCC Limited (the "Company") in respect of PSolve Niche Opportunities Fund (the "Fund")

    15 October 2008 
    Results of Extraordinary General Meeting

    The Board of Directors of the Company are pleased to announce that at the Extraordinary General Meeting of the Shareholders of the Fund,
held earlier today, the following resolutions, as outlined in the circular sent to shareholders on the 16 September 2008, were unanimously
passed:

     1.     The Shareholders resolved that the Directors wind up the Fund

     2.     The Shareholders approved the appointment of Michael John Fayle, a director of KPMG LLC (an Isle of Man Limited Liability
Company) to assist the Directors in the winding up of the Fund by realising its assets and discharging its liabilities (including the costs
of the winding up) and distributing any surplus assets to Shareholders and that Mr Fayle's fee be fixed in accordance with the engagement
letter of KPMG LLC dated 4 September 2008.

     3.     That the Company makes an application to the UK Listing Authority for the cancellation of the listing on the Official List of
the UK Listing Authority of the Shares on 1 April 2009. 

    As announced previously it is expected that an initial distribution will be paid to shareholders on the register as at close of business
on 14 October 2008 by 31 October 2008. A subsequent final distribution of the Company's remaining net assets is expected to be made by 31
March 2009. 

    Enquiries to:
    Miss Alison Bilham
    Direct Tel: [phone] 
    Fax: [phone]
    Email: [e-mail]

    END

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