Result of EGM

ALTERNATIVE ASSET OPPORTUNITIES PCC LIMITED

RESULT OF EGM

20 September 2011

Alternative Asset Opportunities PCC Limited (the "Company") hereby gives notification that in accordance with the recommendation of the Board set out in the circular (the "Circular") to shareholders dated 26 August 2011 shareholders voted in favour of the resolution (the "Resolution") at an extraordinary general meeting which was held earlier today. The Resolution was put to shareholders (i) to amend the investment policy of the US Traded Life Interests Fund; and (ii) to amend the Company's Articles of Incorporation. 

The result of the votes on the Resolution was as follows:

Resolution 

Votes for *: 20,826,040 Shares

Votes against: None

Votes withheld**: None

* The "Votes for" include those votes giving the Chairman discretion.

** A "Vote withheld" is not a vote in law and is not counted in the calculation of the votes for or against the resolution.

A copy of the Resolution has been submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.hemscott.com/nsm.do.

Enquiries:

Peter Ingram

Company Secretary

Tel: 020 7065 1467