SCHEDULE 10                                  

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES                   

1. Name of company

KGR Absolute Return PCC Limited in respect of KGR Asia Dynamic 1 (GBP)

2. Name of shareholder having a major interest

Rathbone Investment Management Limited

3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18

Non-beneficial

4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them

Rathbone Investment Management Limited

5. Number of shares / amount of stock acquired

Threshold that is crossed or reached: 5%

6. Percentage of issued class

Not disclosed

7. Number of shares / amount of stock disposed

N/a

8. Percentage of issued class

Not disclosed

9. Class of security

Redeemable Participating Preference Shares

10. Date of transaction

20th January 2007

11. Date company informed

Communication received on 23rd January 2007

12. Total holding following this notification

2,523,020

13. Total percentage of voting rights following this notification

5.33%

14. Any additional information

N/a

15. Name of contact and telephone number for queries

James Christie - 01481 727111

16. Name and signature of authorised company official responsible for making
this notification

James Christie

For Kleinwort Benson (Channel Islands) Fund Services Limited

Secretary

Date of notification

24th January 2007



END



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