CLBR Caliber Global

RNS Number:7985C
Caliber Global Investment Ltd
24 August 2007

August 24, 2007

         Caliber Global Investment Limited ("Caliber" or the "Company")

                                 Funding Update

Further to the 3rd Quarter results announcement on Monday August 20, 2007
Caliber has now received all the necessary counterparty approvals and completed
the agreed amendments for the restructuring of the Assabet funding facility, as
described in the Q3 results.

For further information please contact

Investors and analysts:

Cambridge Place Investment Management LLP
Elizabeth Wade
+44 (0) 20 7938 5700

Media:

Financial Dynamics
Ed Gascoigne-Pees
+44 (0) 20 7269 7132

About Caliber

The Company is a Guernsey-incorporated investment company listed on the London
Stock Exchange (CLBR). The Company's current investment objective is to preserve
capital and provide stable returns to shareholders, both in the form of
dividends and capital growth. It seeks to achieve this primarily through
investment in a diversified portfolio of: (i) residential mortgage-backed
securities, (ii) commercial mortgage-backed securities, (iii) other asset-backed
securities, (iv) loans, (v) other debt securities or related instruments, (vi)
investments in companies and issuers which are exposed to or undertake mortgage
and/or credit activities, (vii) interests in real estate, and (viii) synthetic
securities or instruments which are referenced to any of the foregoing. A change
to the investment objective is to be proposed to shareholders at an
extraordinary general meeting on August 30, 2007. The Company's investment
manager is CPIM.



www.caliberglobal.com




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