TIDMTLI

RNS Number : 6705P

Alternative Asset Opps PCC Ltd

03 October 2013

Alternative Asset Opportunities PCC Limited (the "Company")

3 October 2013

The Board of Alternative Asset Opportunities PCC Limited (the "Company") announces that the net asset value of the US Traded Life Interests Fund at 30 August 2013 was 48.5 pence per share. This represents a decrease of 1.6 pence per share from the NAV at 31 July 2013 as referred to in the final results announced yesterday. It is estimated that exchange rate movements during the month had a negative impact of approximately 1.0 pence per share. The Company's borrowings as at 31 August 2013 stood at US$939,000. Net cash, taking into account cash balances, amounted to US$786,000. During September, the Board was informed of 3 maturities on 3 lives with a combined face value of $1.8 million. Once these maturities are formally confirmed and recognised, it is estimated that they will have a positive impact on NAV of approximately 0.8 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

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