Charter Pacific Corporation Limited

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February 22, 2008

Charter Pacific Funds Management - Financial Services Fund

 

February 22, 2008

Charter Pacific Funds Management Ltd, a subsidiary of Charter Pacific Corporation Ltd has today decided to accept no further applications for investment in the Charter Pacific Funds Management - Financial Services Fund.

In addition, all units in the fund have been redeemed or are in the process of being redeemed. By virtue of the volatility of equities markets, the Company has decided it is prudent to reassess the future role of the Fund.


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