We present the discovery of a new extreme high proper motion object (3.5
arcsec/year) which we classify as an ultracool subdwarf with [M/H] = -0.5. It
has a formal spectral type of sdM9 but also shows L-type features: while the VO
bands are completely absent, it exhibits extremely strong TiO absorption in its
optical spectrum. With a radial velocity of about -160 km/s and a rough
distance estimate of 16--24 pc, it is likely one of the nearest halo members
crossing the Solar neighbourhood with a heliocentric space velocity of
(U,V,W)=(-244,-256,-100)+/-(32,77,6) km/s.Comment: 4 pages, 4 figures (Fig.1a-d available as jpg files), accepted for
publication in Astronomy & Astrophysics Letter