Dexion Equity Alt. - October Net Asset Value.

(From AFX CNF)

RNS Number:9743M Dexion Equity Alternative Limited 30 November 2006 Dexion Equity Alternative Limited ("the Company") October Net Asset Value The net asset value per ordinary share as of 31 October 2006 was 116.61 pence. This valuation, which has been prepared in good faith by the Company's investment manager, is based principally on formal valuations supplied to the Company by the administrators of the Company's underlying investments. In the case of 5 of the Company's 28 investments, where no such formal valuation has been received by today's date, an estimated valuation prepared by the Company's investment advisor or by the manager or administrator of the underlying funds has been used. Such valuations or estimates are unaudited and may not comply with generally accepted …