Net Asset Value(s)

19 Oct 2007 09:39

FRM Credit Alpha Limited19 October 2007 FRM Credit Alpha Final NAV 28th- September-2007 FINAL MONTHLY NAV FRM Credit Alpha Limited (the "Company") Final Net Asset Value GBP Shares as at 28th September 2007 The final net asset value per GBP share as at the close of business on 28thSeptember 2007 was 107.0 pence. This valuation, which has been prepared in good faith by the Company'sAdministrator, is based principally on formal valuations supplied to the Companyby the administrators of the Company's underlying investments. Such valuationsor estimates are unaudited and may not comply with generally accepted accountingor valuation principles. Sedol: B1QH6J2 ISIN: GG00B1QH6J27 This information is provided by RNS The company news service from the London Stock Exchange