HSBC Global Absolute Limited Result of Class Meetings and EGM HSBC Global Absolute Limited (the “Company”) announced on 25 March 2010 that the Company had published a Circular to its Shareholders outlining recommended proposals for the reconstruction and voluntary winding-up of the Company (the “Proposals”). The Circular also included notices of class meetings (“Class Meetings”) and an extraordinary general meeting (“EGM”) of the Company to be held on 22 April 2010. Unless otherwise defined, capitalised terms used in this announcement will have the same meaning given to such terms in the Circular of the Company dated 25 March 2010. The Company announces that at the three Class Meetings and EGM held today all resolutions were duly passed. Accordingly, the Company’s Shares have been reclassified into Reclassified Shares and the Joint Liquidators, Stephen Le Page and Nicholas Vermeulen of PricewaterhouseCoopers CI LLP, National Westminster House, Le Truchot, St Peter Port, Guernsey, Channel Islands GY1 4ND, have now been appointed to wind up the affairs and distribute the assets in accordance with the Scheme. No application has been made to the UK Listing Authority and the London Stock Exchange for the Reclassified Shares to be admitted to the Official List and to trading on the main market of the London Stock Exchange or to the Official List of the Channel Islands Stock Exchange and the listing of the Company’s Shares will be cancelled with effect from 23 April 2010. The Company will therefore be wound up by means of a voluntary winding-up and Shareholders will have their investment in the Company rolled over into HSBC UCITS AdvantEdge in accordance with the proposals set out in the circular posted to Shareholders on 25 March 2010. The expected timetable for the implementation of the Scheme is as follows:   2010 TAV Calculation Date 5.00 p.m. on 22 April Listing of Shares cancelled 8.00am on 23 April Transfer Date 28 April HADV Scheme Shares issued and contract notes despatched 30 April Dealing deadline for first HSBC UCITS AdvantEdge dealing date available to holders of HADV Scheme Shares following implementation of the Proposals 7 May First HSBC UCITS AdvantEdge dealing date available to holders of HADV Scheme Shares following implementation of the Proposals (weekly dealing thereafter) 12 May HADV Scheme Share sale proceeds expected to be dispatched to Restricted Persons/ other redeeming investors* Week commencing 17 May * subject to any applicable anti-money laundering checks and other due diligence requirements being satisfied by the relevant Restricted Persons. Copies of the resolutions passed at the Class Meetings and the EGM have been forwarded to the FSA and will be available through the FSA's document viewing facility. Enquiries HSBC Alternative Investments Noel von Kaltenborn 020 7860 3067 PricewaterhouseCoopers CI LLP Nicholas Vermeulen 01481 752 000 Cenkos Securities Charlie Ricketts 020 7397 1910 Peter Hindmarsh 020 7397 1983 Cenkos Securities plc are acting exclusively for the Company and no one else in relation to the matters described in this announcement and will not be responsible to anyone other than the Company for providing the protections afforded to clients of Cenkos Securities plc or for giving advice in relation to this announcement or any transaction or arrangement referred to herein.