GMNT Gottex Market

TIDMGMNT

RNS Number : 9781B

Gottex Market Neutral Trust Limited

28 February 2011

Gottex Market Neutral Trust Limited (the "Company")

(a closed-ended investment company incorporated with limited liability under the laws of Guernsey with registered number 46429)

28 February 2011

Notice of 4th compulsory partial redemption of shares

Further to the approval by the Company's shareholders of the winding down proposals as described in the circular to shareholders on 12 February 2010 (the "Circular") and following on from the 1(st) compulsory partial redemption of shares announced on 8 June 2010, the 2(nd) compulsory partial redemption of shares announced on 17 July 2010 and the 3(rd) compulsory partial redemption of shares announced on 14 December 2010 the Company today announces that it will return GBP1,500,000 (equivalent to 33.42 pence per share) on 23 March 2011 (the "Redemption Date") by way of a compulsory partial redemption of shares (the "Redemption") by reference to the 31 January 2011 NAV Calculation Date.

The Redemption will be effected pro rata to holdings of shares on the register at the close of business on the Redemption Record Date, being 11 March 2011. 42.08 per cent. of the Company's issued share capital would be redeemed on the Redemption Date (that is 42.08 Shares for every 100 held (the "Relevant Percentage")). Fractions of Shares will not be redeemed and so the number of shares to be redeemed for each shareholder will be rounded down to the nearest whole number of shares.

The amount to be applied to the partial redemption of shares comprises the monies from the realisation of the Company's investments received up to and including 31 January 2011 pursuant to the winding down of the Company, less any funds used or required to settle any liabilities (including the estimated ongoing day to day running costs of the Companyand the costs and expenses of this partial redemption). The costs and expenses of this partial redemption are estimated not to exceed GBP5,000, equivalent to approximately 0.26p per share being redeemed.

As at today's date, the Company has 4,488,134 shares in issue of which none are held in treasury. All of the shares redeemed on the Redemption Date will be cancelled, after which it is anticipated that the Company will have approximately 2,599,528 shares in issue.

The shares will be disabled in CREST on the Redemption Date and the existing ISIN number GG00B4WVKV90 (the "Old ISIN") will expire. The new ISIN number GG00B62DZ701 (the "New ISIN") in respect of the remaining Shares which have not been redeemed will be enabled and available for transactions from and including 23 March 2011. CREST will automatically transform any open transactions as at the Redemption Date (which is the record date for the purposes of the Redemption) into the New ISIN.

Payments of redemption monies are expected to be effected either through CREST (in the case of shares held in uncertificated form) or by cheque (in the case of shares held in certificated form) before 23 March 2011.

All Enquiries:

Andrew Maiden

Northern Trust International Fund Administration Services (Guernsey) Limited - Company Secretary

Tel: +44 (0) 1481 745368

Email: ARM7@ntrs.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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