TIDMTLI

RNS Number : 3691A

Alternative Asset Opps PCC Ltd

18 February 2014

Alternative Asset Opportunities PCC Limited (the "Company")

18 February 2014

The Board of Alternative Asset Opportunities PCC Limited (the "Company") announces that the net asset value of the US Traded Life Interests Fund at 31 January 2014 was 46.3 pence per share. This represents an increase of 1.2 pence per share from the NAV at 31 December 2013. It is estimated that exchange rate movements during the month had a positive impact of approximately 0.4 pence per share. The Company's borrowings as at 31 January 2014 stood at US$2,000,000. Net cash, taking into account cash balances and capital debtors (being the maturity proceeds from the 4 policies on 3 lives announced on 15 January 2014), amounted to US$2,709,883.

During January the Board has been informed of a further maturity on one life during January 2014 with a face value of US$3,000,000. Once this is formally confirmed and recognised, it is estimated that it will have a positive impact on NAV of approximately 2.0 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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