Stock Exchange Announcement

Alternative Asset Opportunities PCC Limited

15 January 2007

Bank facility

The Company announces that it has drawn down an additional $2 million of debt
pursuant to an increased bank facility with Allied Irish Banks p.l.c. of up to
$25 million. The Company's total bank borrowings following the additional
drawdown are $22 million.

Nigel Massey

Kleinwort Benson (Channel Islands) Fund Services Limited

Tel: 01481 727111

Fax: 01481 716762


END
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