TIDMTLI

RNS Number : 9000O

Alternative Asset Opps PCC Ltd

17 October 2012

Alternative Asset Opportunities PCC Limited (the "Company")

17 October 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 28 September 2012 was 75.8 pence per share. This represents a decrease of 2.3 pence per share from the NAV at 31 August 2012.

It is estimated that exchange rate movements had a negative impact during the month of 1.3 pence per share. The Company had total borrowings of US$19,200,000 as at 28 September 2012.

As at the end of September, the previously announced policy maturity, with a face value of US$2,800,000, had not been confirmed. However, this has now been confirmed, and the estimated uplift to NAV of approximately 1.1 pence per share will therefore be accounted for in the NAV announcement for the end of October.

The Company has received notification of two further policy maturities, on one life, with a combined face value of US$550,000. Assuming these are formally confirmed and recognised, they will have a positive impact on the NAV of around 0.6 pence per share.

Please note that the pence per share numbers given above are calculated by reference to the number of shares in issue as at 28 September 2012, being 40,000,000.

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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