KGR Kgr Absolute

    KGR ABSOLUTE RETURN PCC LIMITED

( Registered in Guernsey - Number 43789 )

Registered Office:

MARTELLO COURT, ADMIRAL PARK, ST PETER PORT, GUERNSEY, GY1 3HB
__________________________

TELEPHONE: +44 1481 751000

FACSIMILE: +44 1481 751001

e-mail: fundcosec@gg.fortis.com

For immediate release 29th December 2008

KGR ABSOLUTE RETURN PCC LIMITED - KGR ASIA DYNAMIC 1 (GBP)

(a closed-ended protected cell company incorporated in Guernsey with
registration number 43789)

Currency Hedging

Further to the announcement on 18th December 2008, the board of KGR Absolute
Return PCC Limited intends to increase the hedging of the Company's US$
exposure to 100%. This will be implemented as soon as practicable after the
release of this announcement

Enquiries:

Fortis Fund Services (Guernsey) Limited
Company Secretary
Martello Court
Admiral Park
St Peter Port
Guernsey GY1 3HB

Tel: 01481 751000
Fax: 01481 751001



END

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