RNS Number:8080F
Kubera Cross-Border Fund Limited
16 October 2007

                        KUBERA CROSS-BORDER FUND LIMITED



                               Holdings in Company



Kubera Cross-Border Fund Limited (the "Company") (AIM: KUBC) was informed on 12
October 2007 that QVT Financial LP ("QVT"), as investment manager for QVT
Quintessence Fund L.P., has purchased 3,438,428 ordinary shares, of US$0.01
each, in the Company on 12 October 2007.  As a result, QVT holds 13,338,428
ordinary shares of the Company representing 6.47% of the Company's total voting
rights.



For more information contact:


Kubera Partners, LLC (as the investment manager of Kubera Cross-Border Fund Limited)
Ramanan Raghavendran, Managing Partner

Tel: +1 212 (295) 2400


Grant Thornton Corporate Finance (Nominated Adviser)
Philip Secrett/Maureen Tai
Tel: +44 (0)20 7383 5100






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

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