THE LION FUND ANNOUNCES ISSUE OF FOURTH SERIES OF SHARES

Date10-Apr-2006
Re: The Lion Fund Limited (the "Fund")

 

The Board of Directors (the "Directors") of The Lion Fund Limited (the "Fund") wish to announce that the fourth Series of Shares of the Fund were issued for value 1 April, 2006, as follows.

 

Name of Series: Participating Shares-Series 4-06

 

Date of Issue: 1 April, 2006

 

Number of Shares Issued: 45,426.18

 

Initial NAV/Share: US$33.5079

 

Dennis Hunter

(Director)