RNS Number:2562P
Alternative Invest. Strategies Ld
01 September 2003


           Alternative Investment Strategies Limited ("the Company")


The Company has today redeemed a total of 1,363,151 of its redeemable ordinary
shares at a price of USD 1.7716 per share from those shareholders who submitted
valid Redemption Tender Notices to the Company.


Close Fund Services Limited
Secretary
01 September 2003


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