TIDMTLI

RNS Number : 5487Q

Alternative Asset Opps PCC Ltd

15 October 2013

Alternative Asset Opportunities PCC Limited (the "Company")

15 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 September 2013 was 46.3 pence per share. This represents a decrease of 2.2 pence per share from the NAV at 31 August 2013. It is estimated that exchange rate movements during the month had a negative impact of approximately 2.2 pence per share. The Company's borrowings as at 30 September 2013 stood at US$939,000. Net debt, taking into account cash balances, but prior to the maturity receipts referred to below, amounted to US$176,560.

As announced on 3 October 2013, the Board was informed of 3 maturities on 3 lives with a combined face value of $1.8 million. Once these are formally confirmed and recognised, it is estimated that they will have a positive impact on NAV of approximately 0.8 pence per share.

In addition, during October, the Board was informed of one maturity on one life with a face value of $1.5 million. Once this maturity is formally confirmed and recognised, it is estimated that it will have a further positive impact on NAV of approximately 0.9 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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