TIDMTLI

RNS Number : 5148H

Alternative Asset Opps PCC Ltd

12 July 2012

Alternative Asset Opportunities PCC Limited (the "Company")

12 July 2012

The Board of Alternative Asset Opportunities PCC Limited (the "Company") announces that the net asset value of the US Traded Life Interests Fund as at 29 June 2012 was 74.0 pence per share. This represents an increase of 3.1 pence per share from the NAV at 31 May 2012.

It is estimated that exchange rate movements had a negative impact during the month of 1.3 pence per share. The two policy maturities, with a combined face value of US$6.5 million, announced on 1 June 2012, had a positive impact on the NAV of 5.5 pence per share. In addition, the two further policy maturities, on one life, with a combined face value of US$7.5 million, announced on 8 June 2012, had not been formally confirmed as at 29 June 2012. Accordingly, the resultant profit, estimated to be 7.5 pence per share, has not been accounted for in this valuation.

The Company had total borrowings of US$29,210,000 as at 29 June 2012. At that date the Company had not received any proceeds from the maturities referred to above.

Enquiries:

 
 Peter Ingram         Tel: 020 7065 1467 
  Company Secretary

This information is provided by RNS

The company news service from the London Stock Exchange

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