Net Asset Value(s)

Alternative Asset Opportunities PCC Limited The Board of Alternative Asset Opportunities PCC Limited wish to announce that the net asset value per share of the US Traded Life Interests Fund as at 30 April 2009 was 90.10 pence. The above NAV includes an unrealised loss to date of 2.2 pence per share as at 30 April 2009 that results from making to markets the Company's foreign exchange positions, these notably being the forward sales of US dollars maturing in 2012. This loss to date compares with a loss to date 2.4 pence per share as at 31 March 2009. Kleinwort Benson (Channel Islands) Fund Services Limited Company Secretary Tel: 01481 727111 Fax: 01481 716762 ---END OF MESSAGE--- This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.