TIDMGFIR

RNS Number : 9447Q

Global Fixed Income Realisation Ltd

18 September 2017

GLOBAL FIXED INCOME REALISATION LIMITED

(a closed-ended investment company incorporated in Guernsey with registration number 45717)

FURTHER RE: PORTFOLIO UPDATE

On 29 August 2017 Global Fixed Income Realisation Limited (the "Company") announced that it had been advised by the administrator of 3D Propco Limited ("the Fund") that the underlying asset, the Bintan Lagoon Resort ("BLR") in Indonesia, had been sold.

The Company today announces that it has received from the Fund's administrator a cash distribution equivalent to GBP3.067 million. The Company has requested, but is still yet to receive, details underlying the sale and cash distribution, in particular what the proceeds of sale of the BLR were and whether any additional distributions to Fund holders are expected.

The cash received compares with the Company's carrying value of its holding in the Fund of GBP3.733 million (net of the valuation reserves applied).

The Board intends to make arrangements for a return of surplus capital to shareholders as soon as practicable.

A further announcement will be made in due course.

Enquiries

Numis Securities Limited

Nathan Brown, Corporate Broking and Advisory

Tel. +44 (0) 20 7260 1426

Email: n.brown@numis.com

Praxis Fund Services Limited

Tel. +44 (0)1481 737 600

This announcement has been issued through the Companies Announcement Service of

the Irish Stock Exchange.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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September 18, 2017 02:00 ET (06:00 GMT)

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