CLBR Caliber Global

RNS Number:8204D
Caliber Global Investment Ltd
13 September 2007


September 13, 2007

         Caliber Global Investment Limited ("Caliber" or the "Company")

           Termination of interest in Amber Funding Limited ("Amber")

Following the approval of its new investment objective, Caliber has terminated
its interest in Amber Funding Limited. This is expected to result in an increase
in net asset value per share ("NAV") of approximately $0.60 to $0.80 that should
be reflected in the NAV for September 30, 2007, expected to be published in mid
November with the full year results.

Amber is one of four special purpose vehicles that holds Caliber's investments.
This transaction is expected to result in a reduction in the size of Caliber's
overall portfolio by approximately $120 million (portfolio size at June 30,
2007: $824 million) and a reduction in associated indebtedness of approximately
$140 million.

At June 30, 2007, approximately 63% of the assets held in Amber were US
residential mortgage backed securities ("US RMBS"). At June 30, 2007, US RMBS
accounted for 52% of the overall Caliber portfolio. As a result of this
transaction the Company's exposure to US RMBS is expected to fall to
approximately 49% of the overall Caliber portfolio (based on June 30, 2007
figures.)

Enquiries:

For further information please contact:

Investors and analysts:

Cambridge Place Investment Management LLP
Elizabeth Wade
+44 (0) 20 7938 8880

Media:

Financial Dynamics
Geoffrey Pelham-Lane
+44 (0) 20 7269 7194

About Caliber

Caliber is a Guernsey-incorporated investment company listed on the London Stock
Exchange (CLBR). The investment objective of the Company is to manage the sale
of the Company's investment portfolio and to maximise the return of invested
capital to shareholders during the 12 months ending on August 30, 2008.
Caliber's investment manager is Cambridge Place Investment Management LLP.

www.caliberglobal.com



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

Caliber Global Investment (LSE:CLBR)
Historical Stock Chart
Von Dez 2024 bis Jan 2025

Caliber Global Investment (LSE:CLBR)
Historical Stock Chart
Von Jan 2024 bis Jan 2025