RNS Number:4772A
Alea Group Holdings(Bermuda) Ltd
18 July 2007

18 July 2007



                       Alea Group Holdings (Bermuda) Ltd.

         Conversion of listing and posting of circular to shareholders



Hamilton, BERMUDA - In accordance with plans previously announced in connection
with FIN Acquisition Limited's recommended cash offer for Alea Group Holdings
(Bermuda) Ltd ("Alea" or the "Company") which was declared wholly unconditional
on 5 July 2007, the Company announces that it has today posted a circular
relating to the conversion of the Company's listing on the Official List of the
UK Listing Authority from a primary listing to a secondary listing to all
shareholders of the Company.

The effect of the conversion of the Company's listing will be that the Company's
continuing obligations under the UK Listing Authority's Listing Rules will be
limited to those set forth in Chapter 14 of the Listing Rules. The conversion of
the Company's listing is not subject to the approval of Alea's shareholders and
the circular is being sent to them for information purposes only. It is expected
that the conversion of the Company's listing will become effective on 16 August
2007.

The Company has also today lodged copies of the circular with the Document
Viewing Facility at the UK Listing Authority. The circular will be available for
inspection during normal business hours at the Document Viewing Facility, 25 The
North Colonnade, Canary Wharf, London E14 5HS. The circular will also be
available on the Company's website, www.aleagroup.com.



                                     #####





For further information, please contact:


Media:        Sheel Sawhney                   Analysts & Investors:         Kirk Lusk
              +1 860 258 6524                                               +1 860 258 6566

                                                                            Financial Dynamics
                                                                            Robert Bailhache
                                                                            Nick Henderson
                                                                            +44 20 7269 7114

Certain statements made in this press release that are not based on current or
historical facts are forward-looking in nature including, without limitation,
statements containing words "believes," "anticipates," "plans," "projects,"
"intends," "expects,", "estimates,", "predicts," and words of similar import.
All statements other than statements of historical facts including, without
limitation, those regarding Alea Group Holdings (Bermuda) Ltd's financial
position, business strategy, plans and objectives of management for future
operations (including development plans and objectives relating to Alea Group
Holdings (Bermuda) Ltd's products and services) are forward-looking statements.
Such forward-looking statements involve known and unknown risks, uncertainties
and other important factors that could cause the actual results, performance or
achievements of Alea Group Holdings (Bermuda) Ltd to be materially different
from future results, performance or achievements expressed or implied by such
forward-looking statements. In particular, forecasting of reserves for future
losses is based on historical experience and future assumptions. As a result
they are inherently subjective and may fluctuate based on actual future
experience and changes to current or future trends in the legal, social or
economic environment. Such forward-looking statements are based on numerous
assumptions regarding Alea Group Holdings (Bermuda) Ltd's present and future
business strategies and the environment in which Alea Group Holdings (Bermuda)
Ltd will operate in the future. These forward-looking statements speak only as
at the date of the document or other information concerned. Alea Group Holdings
(Bermuda) Ltd expressly disclaims any obligations or undertaking to disseminate
any updates or revisions to any forward-looking statements contained herein to
reflect any changes in Alea Group Holdings (Bermuda) Ltd's expectations with
regard thereto or any change in events, conditions or circumstances on which any
such statement is based.


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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