RNS Number:5076O
Bramdean Alternatives Limited
22 February 2008

Bramdean Alternatives Limited (the "Company")
22nd February 2008



Net Asset Values, 31st January 2008



Ordinary Shares


As at the close of business on 31st January 2008, the net asset value of
Bramdean Alternatives Limited was as follows:-



Share class      Net Asset Value            Net Asset Value        Performance
                31st January 2008        31st December 2007

GBP Shares            97.13 pence               99.41 pence             -2.29%
US$ Shares            US$  0.9650               US$  0.9898             -2.50%







This valuation, which has been prepared in good faith by the Company's Fund
Administrator, is for information purposes only.  The valuation is based on the
unaudited estimated valuations made available to the Company's Fund
Administrator by service providers acting on behalf of funds held by the
Company.  Such estimates may not be subject to any independent verification or
other due diligence and may not comply with generally accepted accounting
practices or other generally accepted valuation principles.  In addition, some
estimates may not be supplied on a regular or timely basis with the result that
the values of such investments are based on the latest available estimates which
may relate to some time before the date set out above.  Other risk factors which
may be relevant to this valuation are set out in the Company's Prospectus dated
6th June 2007.










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