BSX Approves Listing of the Ordinary Shares of the China Seas Basket Limited

Hamilton, Bermuda: 06 October, 2010 – The Listing Committee of the Bermuda Stock Exchange (BSX) today announced the approval of the listing of for the 999,000 Ordinary Shares at a par value of AUD$0.010 each, of the China Seas Basket Limited ("the Company", "the Fund")( CHSEBAS GU) under General Marketing provisions. The Listing is effective as of July 15, 2010.

The Fund’s objectives, as determined by the Board from time to time, is to provide investors with an equity investment that is structured to provide Australian dollar capital preservation on the investment, less the Front End Fee, and the potential for enhanced capital growth (denominated in AUD).

The Fund was incorporated in Guernsey on 26 May 2010 as a close ended investment company and is regulated by the GFSC.

^{Appleby Securities Limited sponsored the listing of the Ordinary Shares of China Seas Basket Limited. The securities are being listed under the Listing Regulations for Collective Investment Schemes and the provisions for Regular Marketing.}

^{"The BSX is pleased to welcome China Seas Basket Limited to listing", said Mr. James S. McKirdy, Chief Compliance Officer of the BSX.}

^{For further information on China Seas Basket Limited, please contact Ms. Chantelle Greenslade at telephone: +44 (0)1481 755527 or facsimile: +44 (0)1481 749810}

^{or email: chantelle.greenslade@pfs.gg}