Notice of Meeting and Explanatory Memorandum for Annual General Meeting of shareholders to be held 22 December 2011

30 November 2011

Orchard Funds Limited (Orchard) has issued a Notice of Meeting and Explanatory Memorandum for an Annual General Meeting (AGM) of shareholders to be held on 22 December 2011 to consider approval for the sale of Orchard Capital Investment Limited (OCIL) to Morgan Stanley Real Estate Investing (MSREI). If the OCIL Sale is approved and completed, it is estimated that Orchard will have net proceeds of approximately $13 million (equating to $0.027124 per share) available for distribution to shareholders. The Orchard Board is unanimous in their recommendation that shareholders vote IN FAVOUR of the MSREI proposal and all other resolutions.

Please click here to download a copy of the Notice of Meeting and Explanatory Memorandum.

Please click here  to download copy of the Orchard Funds Recapitalisation Plan.