The Board of Alternative Asset Opportunities PCC Limited wish to announce that
the net asset value per share of the US Traded Life Interests Fund as at 31st
August 2006 was 105.6 pence.

There were two reasons for the fall in NAV per share during August. The most
significant factor was that, on a mark to market basis, there was an adverse
change in the comparative spot and forward sterling/US dollar exchange rates as
applied to the Company's hedged currency positions. In addition, there was a
fall in the market valuation of the existing policies in portfolio.

No policy maturities occurred during August. However, since the month end, a
policy maturity has occurred, the fourth such maturity since launch. The
benefit of this maturity event will be reflected in the NAV for September,
expected to amount to approximately 1 pence per share.

Contact:

Ian Hancock (Tel. 01481 709677)

Kleinwort Benson (Channel Islands) Fund Services Limited



END
Alternative Asset Opps Pcc (LSE:TLI)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Alternative Asset Opps Pcc Charts.
Alternative Asset Opps Pcc (LSE:TLI)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Alternative Asset Opps Pcc Charts.