TIDMTOPE 
 
MW TOPS LIMITED (the "Company") 
 
                    Changes to Board of Directors 
 
Cameron McPhail, an existing  director of MW  TOPS Limited, has  been 
appointed as the new chairman  of the Company with immediate  effect. 
 He replaces Sir Andrew  Large, who has retired  from the role  after 
serving two years since the launch of the Company in November 2006. 
 
Dr McPhail was  formerly chief  executive of Royal  Bank of  Scotland 
International Limited (1995-2000) and chief executive of RBS's Wealth 
Management Division (2000-2002).  He is  also chairman of The  Equity 
Partnership Investment Company  PLC and he  sits on the  board of  AP 
Investment Europe Limited. 
 
 
For further information about this announcement contact: 
 
Anson Fund Managers Limited 
Secretary 
Tel: +44 (0)1481 722260 
 
Marshall Wace LLP 
Investment Manager 
Tel: +44 (0) 207 316 2280 
 
Maitland 
Lydia Pretzlik 
Richard Farnsworth 
Tel: +44 (0)20 7379 5151 
 
This document is for information purposes only and is not an offer to 
invest. "The Company is registered with  the Dutch Authority for  the 
Financial Markets as a collective  investment scheme which may  offer 
participations in The  Netherlands pursuant  to article  2:66 of  the 
Financial Markets Supervision Act (Wet op het financieel  toezicht)." 
All  investments  are  subject  to  risk.   Past  performance  is  no 
guarantee of future  returns.  Prospective investors  are advised  to 
seek expert  legal,  financial,  tax and  other  professional  advice 
before making any investment decision.  The value of investments  may 
fluctuate.  Results achieved in the  past are no guarantee of  future 
results. 
 
END OF ANNOUNCEMENT 
 
E&OE  - in transmission 
 
=--END OF MESSAGE--- 
 
 
 
 
This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement. 
 

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