Dexion Absolute Limited (the "Company")

    December Final Net Asset Values

    Ordinary Shares

    The net asset value of the Company's Ordinary Shares as of 31 December 2015 is
    as follows:

    Share Class          NAV            MTD            YTD
                                Performance    Performance
                                                          
    GBP Shares       189.44p         -1.41%         +3.02%

    2011 Redeemed Shares

    The net asset value of the Company's 2011 Redemption Portfolio was $0.47
    million as of 31 December 2015. This was attributed to the Redeemed Share class
    as follows:-

    Share Class   NAV per Redeemed Share 
                                         
    EUR Shares          US$ 0.0085       

    All of the Redeemed Shares have been cancelled. Accordingly, the "NAV per
    Redeemed Share" represents the amount then owed by the Company in respect of
    such Redeemed Shares at the relevant date.

    2012 Redeemed Shares

    The net asset value of the Company's 2012 Redemption Portfolio was $1.62
    million as of 31 December 2015. Shares redeemed pursuant to the 2012 Redemption
    Offer have a single USD net asset value based upon exchange rates at the
    relevant date. This was attributed between Redeemed Share classes as follows:-

    Share Class   NAV per Redeemed Share 
                                         
    EUR Shares          US$ 0.0124       
                                         
    USD Shares          US$ 0.0137       

    All of the Redeemed Shares have been cancelled. Accordingly, the "NAV per
    Redeemed Share" represents the amount then owed by the Company in respect of
    such Redeemed Shares at the relevant date.

    2013 Redeemed Shares

    The net asset value of the Company's 2013 Redemption Portfolio was $2.01
    million as of 31 December 2015. Shares redeemed pursuant to the 2013 Redemption
    Offer have a single USD net asset value based upon exchange rates at the
    relevant date. This was attributed between Redeemed Share classes as follows:-

    Share Class   NAV per Redeemed Share 
                                         
    GBP Shares          US$ 0.0151       
                                         
    EUR Shares          US$ 0.0186       
                                         
    USD Shares          US$ 0.0213       

    All of the Redeemed Shares have been cancelled. Accordingly, the "NAV per
    Redeemed Share" represents the amount then owed by the Company in respect of
    such Redeemed Shares at the relevant date.

    2015 Redeemed Shares

    The net asset value of the Company's 2015 Redemption Portfolio was $54.91
    million as of 31 December 2015. Shares redeemed pursuant to the 2015 Redemption
    Offer have a single USD net asset value based upon exchange rates at the
    relevant date. This was attributed between Redeemed Share classes as follows:-

    Share Class   NAV per Redeemed Share 
                                         
    GBP Shares          US$ 2.8734       
                                         
    EUR Shares          US$ 2.9384       
                                         
    USD Shares          US$ 4.0133       

    All of the Redeemed Shares have been cancelled. Accordingly, the "NAV per
    Redeemed Share" represents the amount then owed by the Company in respect of
    such Redeemed Shares at the relevant date.

    These valuations, which have been prepared in good faith by the Company's
    administrator, are for information purposes only and are based on the unaudited
    estimated valuations supplied to the Company's investment adviser, Aurora
    Investment Management L.L.C. ("Aurora"), by the administrators or managers of
    the Company's underlying investments and such valuations may not be considered
    independent or may be subject to potential conflicts of interest. Both weekly
    manager estimates and monthly valuations may be produced as at valuation dates
    which do not co-incide with valuation dates for the Company, may be based on
    valuations provided as of a significantly earlier date, may differ materially
    from the actual value of the Company's portfolio and are unaudited or may be
    subject to little verification or other due diligence and may not comply with
    generally accepted accounting practices or other generally accepted valuation
    principles. The Company's investment adviser, investment manager and
    administrator may not have sufficient information to confirm or review the
    completeness or accuracy of information provided by those managers or
    administrators of the Company's investments. In addition, those entities may
    not provide estimates of the value of the underlying funds in which the Company
    invests on a regular or timely basis or at all with the result that the values
    of such investments may be estimated by the Aurora. Since 1 April 2013 the
    Company has been transitioning to becoming a feeder fund of Aurora Offshore
    Fund Ltd II ("AOFL II"). AOFL II's investment manager is also the investment
    adviser to the Company and so valuations of the Company's investment in AOFL II
    may be subject to potential conflicts of interest. As at 1 January 2016
    approximately 99.26% of the Continuing Portfolio (by NAV) was invested in AOFL
    II. The value of designated investments as at 1 January 2016 equates to
    approximately 1.10% of the Continuing Portfolio NAV. Certain other risk factors
    which may be relevant to these valuations are set out in the Company's
    prospectus dated 17 October 2007 and the Company's circulars dated 15 April
    2011, 5 April 2012, 22 February 2013, 27 May 2013 and 26 August 2015.

    Net asset values for Redeemed Shares include only those costs and expenses
    attributable to Redeemed Shares which have been accrued as at the relevant NAV
    date.

    The Supplementary Information for December will be released within the next
    week.