THE LION FUND ANNOUNCES ISSUE OF FOURTH SERIES OF SHARES
|Re: The Lion Fund Limited (the "Fund")|
The Board of Directors (the "Directors") of The Lion Fund Limited (the "Fund") wish to announce that the fourth Series of Shares of the Fund were issued for value 1 April, 2006, as follows.
Name of Series: Participating Shares-Series 4-06
Date of Issue: 1 April, 2006
Number of Shares Issued: 45,426.18
Initial NAV/Share: US$33.5079