TIDMTLI

RNS Number : 5881C

Alternative Asset Opps PCC Ltd

18 March 2014

Alternative Asset Opportunities PCC Limited (the "Company")

18 March 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 28 February 2014 was 44.7 pence per share. This represents a decrease of 1.6 pence per share from the NAV at 31 January 2014. It is estimated that exchange rate movements during the month had a negative impact of approximately 0.9 pence per share. The Company's borrowings as at 28 February 2014 stood at US$750,000. Net cash, taking into account cash balances and capital debtors (being the maturity proceeds from two of the policies on two lives announced on 15 January 2014), amounted to US$2,009,077.

The NAV and net cash balance do not reflect the maturity on one life announced on 18 February 2014 and which was formally confirmed in March. The maturity has a face value of $3,000,000 and is estimated to 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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