TIDMTLI

RNS Number : 5200M

Alternative Asset Opps PCC Ltd

18 September 2012

Alternative Asset Opportunities PCC Limited (the "Company")

18 September 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 31 August 2012 was 78.1 pence per share. This represents a decrease of 2.2 pence per share from the NAV at 31 July 2012.

It is estimated that exchange rate movements had a negative impact during the month of 1.1 pence per share. The Company had total borrowings of US$24,210,000 as at 31 August 2012. At that date there was one outstanding maturity with a face value of US$5,000,000. This has since been received, and total borrowings now stand at US$19,200,000.

Since the month end the Company has received notification of one policy maturity with a face value of US$2,800,000. Assuming this maturity is formally confirmed and recognised it is estimated that it would have a positive impact on NAV of approximately 1.1 pence per share.

Enquiries:

 
 Peter Ingram         Tel: 020 7065 1467 
  Company Secretary

This information is provided by RNS

The company news service from the London Stock Exchange

END

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