DEXION ABSOLUTE LIMITED (IN VOLUNTARY LIQUIDATION) (THE "COMPANY")

    At an extraordinary general meeting of the Company held on 23 March 2016,
    shareholders passed resolutions to wind-up the Company and appointed Linda
    Johnson and Ashley Paxton of KPMG Channel Islands Limited as joint liquidators
    (the "Liquidators").

    Further to the Liquidators' shareholder announcement of 7 November 2016, and
    the second interim liquidation distribution dated 18 November 2016, the
    Liquidators have been informed by Aurora Investment Management L.L.C., the
    investment manager to Aurora Offshore Fund Limited II ("AOFL II"), that the
    Company will receive approximately US$11,095,000 (the "Funds") on or around 15
    February 2017, representing approximately 9.5% of the reported Net Asset Value
    of the Company's investment in AOFL II as at 30 June 2016.

    As shareholders will be aware, the Company operates a single Sterling
    denominated share class.  Upon receipt of the Funds, the Liquidators will
    immediately convert the Funds from US Dollars to Sterling at the prevailing
    exchange rate.

    The Liquidators anticipate making a distribution (the "Third Interim
    Distribution") to shareholders of the Company during the week commencing 20
    February 2017.  A further announcement will be made by the Liquidators as soon
    as the rate per share and the distribution date of the Third Interim
    Distribution have been agreed.

    Following the Third Interim Distribution, the Liquidators will have distributed
    approximately 91.5% of the Company's investment in AOFL II.

    Enquiries:

    The Liquidators

    Linda Johnson and Ashley Paxton

    Glategny Court

    Glategny Esplanade

    St Peter Port

    Guernsey

    GY1 1WR

    Tel:  01481 721 000

    restructuring-ci@kpmg.com