CQS RIG FINANCE FUND LIMITED

(a closed-ended investment company incorporated in Guernsey with registration
number 45805)

Estimated Net Asset Value (Estimated NAV)

As at the close of business on 11 January 2010 the Estimated NAV per share was
19.08 pence.

This Estimated NAV has been prepared by the Company's Investment Adviser and is
based on unaudited valuations sourced from third party brokers.  Neither the
Company nor its Investment Adviser accept any responsibility for, and make no
representation or warranty in respect of, the accuracy of the Estimated NAV
provided, and neither is any implied.  This Estimated NAV is provided for
indicative purposes only.

Enquiries:

Secretary
Kleinwort Benson (Channel Islands) Fund Services Limited
Telephone (01481) 727111

Date: 12th January 2010

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Net asset value as at 11.01.2010 of
British Pound Absolute Return Fund participating redeemable preference no par
value shares
(TDIM: Absolute Return Fund):
NAV-bid........... : 19.08 GBp


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