RNS Number:0092X
HSBC Global Absolute Limited
16 January 2006

HSBC Global Absolute Limited

HSBC Private Bank Building, Rue du Pre, St Peter Port, Guernsey GY1 1LU


16 January, 2006


Regulatory News Service

London Stock Exchange

London

EC2N 1HP


Dear Sir,

HSBC Global Absolute Limited (the "Company") announces that it has redeemed the
following shares at the Net Asset Value ruling as at 31 December 2005:

155,360 Sterling Hedged Shares at a price of 92.17 pence per Sterling Hedged
Share; and

1,850,255 US Dollar Shares at a price of US Dollar 1.7060 per US Dollar Share.

The Company had 9,221,869 Sterling Hedged Shares and 36,181,829 US Dollar Shares
in issue following this redemption.


END.


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

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