TIDMKGR 
 
KGR ABSOLUTE RETURN PCC LIMITED (the "Company") 
( 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 15th January 2009 
 
KGR ABSOLUTE RETURN PCC LIMITED - KGR ASIA DYNAMIC 1 (GBP) 
(a closed-ended protected cell company incorporated in Guernsey with 
registration number 43789) 
 
CANCELLATION OF TREASURY SHARES 
 
KGR ABSOLUTE RETURN PCC LIMITED 
 
KGR Absolute Return PCC Limited announces that it has cancelled 50,000 
redeemable participating preference shares of no par value in relation to the 
cell KGR ASIA DYNAMIC 1 (GBP) that it previously held in Treasury, with 
immediate effect. There are now no shares held in Treasury by the Company. 
 
Following the cancellation, the issued share capital of the Company is 
59,649,105 Redeemable Participating Preference Shares of no par value with 
voting rights. Shareholders may use this figure as the denominator for the 
calculations by which they determine whether they are required to notify their 
interest in, or a change to their interest in the Company under the FSA's 
Disclosure and Transparency Rules. 
 
The board of KGR Absolute Return PCC Limited may reissue shares held in 
Treasury at its discretion but intends to do so only at a price greater than 
the estimated Net Asset Value. It also intends to continue its policy of 
cancelling any shares held in Treasury for more than a year. 
 
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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