RNS Number:7425H
HSBC Global Absolute Limited
24 January 2005


HSBC Global Absolute Limited

Dear Sir:

Please find detailed below the estimated net asset value per share for HSBC
Global Absolute Limited as at 14 January 2005:

GBP Class 0.8373

USD Class 1.5769

This is an estimated valuation of the net assets of the Company as at 14 January
2005. This valuation is for information purposes only and has not been verified
by the Company or the Manager. It is based on unaudited estimated valuations
supplied by the administrators, managers or investment advisers of the Company's
underlying investments. Whilst the Manager believes this information to be
useful investor information, it is subject to material change and consequently
no reliance should be placed as to its accuracy. Neither the Company nor the
Manager accept any liability whatsoever in regard to this information. The only
official valuation of the Company's portfolio is the valuation produced as at
the last business day of each month and reported via RNS when released.


END

                      This information is provided by RNS
            The company news service from the London Stock Exchange
END
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