BSX Approves Listing Of Up To 4,999,000 Participating Shares Of The Highfield Fund Ltd.

BSX Approves Listing of up to 4,999,000 Participating Shares of the Highfield Fund Ltd. Hamilton, Bermuda: 13 April 2010 - The Listing Committee of the Bermuda Stock Exchange (BSX) today announced the approval of the secondary listing of up to 4,999,000 Participating Shares of the Highfield Fund Ltd. The primary listing for the Highfield Fund Ltd is the Irish Stock Exchange.

The Fund was incorporated on 19 February 2010 in Bermuda as a limited liability company under the Bermuda Companies Act 1981, as amended, with registered number 44004.

The Fund has been authorised and registered as a Standard Fund by the Bermuda Monetary Authority under the Investment Funds Act 2006 of Bermuda.

The Fund's objective is to achieve long-term capital growth by investing either directly or indirectly through selected funds or investment managers, in a strategically determined mix of global fixed income securities, equity securities, derivative securities, currencies and other investment assets with an emphasis on long term growth. Where investment is made by the Fund into other funds, these funds will be relevant to the investment strategy of the Fund, will be in a variety of legal forms and may be located anywhere in the world.

The Fund may invest into other MAM Funds or Aurum Funds where consistent with its objectives (see pages 15-16 of the Prospectus for further comment on objectives, style, programme and strategy).

The Fund may use overall leverage up to a maximum of 30% of the total assets of the Fund from time to time for the general investment purposes of the Fund and to take advantage of favorable investment opportunities which are available only for a limited period of time; to enhance capital growth; or to facilitate redemptions.

Underlying investment vehicles in which the Fund invests may also use leverage. The Promoter and the Investment Adviser of the Fund is Aurum MAM Fund Management Ltd. which provides investment advice to the Fund. The Promoter beneficially holds all general voting shares of the Fund and will thus control the Fund.

Continental Sponsors Ltd sponsored the listing of the Participating Shares of the Fund. The securities are being listed under the Listing Regulations for Collective Investment Schemes and the provisions for General Marketing. 'We are delighted to have the Highfield Fund Ltd listed on the BSX and to be able to benefit from its international reputation' said Mr. Dudley Cottingham of the Fund.

'We are pleased to welcome the Highfield Fund Ltd. to listing', said Mr. James S. McKirdy, Chief Compliance Officer of the BSX.

For further information on the Highfield Fund Ltd and the Aurum Funds, please contact Mr. Dudley Cottingham at telephone: 441-292-7478 or facsimile: 441-295-4164.