KGR Kgr Absolute

    31st July, 2006

KGR Absolute Return PCC Limited

Disclosure of Interests in Shares

KGR Absolute Return PCC Limited announces that Cazenove Capital Management
Limited have a notifiable interest of 7,376,320 shares being 16.76% of the
issued share capital of the Company in respect of its KGR Asia Dynamic 1 (GBP)
Cell. These shares are held on behalf of on behalf of its discretionary clients

Nigel Massey

Kleinwort Benson (Channel Islands) Fund Services Limited

Secretary

01481 727111



END

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