Net Asset Value(s)



Alternative Asset Opportunities PCC Limited

The Board of Alternative Asset Opportunities PCC Limited wishes to announce that the net asset value per share of the US Traded Life Interests Fund as at 31st March 2010 was 86.5 pence. This represents an increase in NAV of 3.0 pence per share from the NAV at 28th February 2010 as disclosed in the Half-Yearly Report Announcement released on 20th April 2010, and takes account of one maturing policy with a face value of US$3,099,975.

The above NAV includes a net unrealised loss to date of 2.4 pence per share as at 31st March 2010 that results from marking to market the Company's net foreign exchange exposure, including the forward sales of US dollars maturing in 2012. This loss to date compares with an unrealised net loss to date of 2.7 pence per share as at 26th February 2010.

Peter Ingram

Company Secretary

Tel: 020 7065 1467

21st April 2010