VOLTA FINANCE - VOLTA SUCCESSFULLY RAISES €16 MILLION IN EQUITY OFFERING

This press release is not for release, distribution or publication, whether directly or indirectly and whether in whole or in part, into or in the United States, Australia, Canada or Japan or any other jurisdiction in which the publication, distribution or release would be unlawful. Please see the important notices at the end of this communication. This press release is not an offer for sale of securities in the United States. Securities may not be sold in the United States absent registration with the United States Securities and Exchange Commission or an exemption from registration under the U.S. Securities Act of 1933, as amended.  Volta Finance Limited does not intend to register any part of the offering in the United States or to conduct a public offering of its securities in the United States. ***** Guernsey, 3 May 2013 - Volta Finance Limited announces that it has successfully raised approximately €16 million through a bookbuild offering, on a non- preemptive basis, to institutional and other qualified investors in the United Kingdom and the EEA (the "Offering") of 2,628,280 new voting non-convertible ordinary shares of no par value (the "New Shares") that was announced in the press release dated 29 April 2013. The New Shares have been placed at a price of €6.18 per New Share. Allocation of the New Shares has taken place today on 3 May 2013.The payment for and issue and delivery of the New Shares is expected to take place on 8 May 2013, at which date the New Shares are expected to be admitted to listing on Euronext Amsterdam by NYSE Euronext. After settlement of the Offering, Volta's issued and outstanding share capital will increase to 34,439,835 ordinary shares. The Company expects to use the net proceeds of the Offering to invest in line with the outlook given in its interim report and accounts published on 25 March 2013. That is, invest in assets that are expected to have ongoing stable cash flow at the time of purchase, whereby it should be expected that most of the investments will be into assets leveraging corporate credit exposures through collateralised loan obligations tranches, cash or synthetic bespoke transactions, whilst some investments in other areas, including structured mortgage loans, may also be considered from time to time. Liberum Capital Limited ("Liberum") acted as coordinator and placing agent for the Offering. For more information, please contact: Liberum Capital Limited James Bouverat / Nicole Kwan (Sales)                          +44 20 3100 2253 / +44 20 3100 2259 Chris Bowman / Richard Bootle (Corporate Finance)      +44 20 3100 2222 About the Company Volta Finance Limited is incorporated in Guernsey under the Companies (Guernsey) Law, 2008 and listed on Euronext Amsterdam. Its investment objectives are to preserve capital and to provide a stable stream of income to its shareholders through dividends. For this purpose, it pursues a multi-asset investment strategy targeting various underlying assets. The assets that Volta Finance Limited may invest in either directly or indirectly include, but are not limited to:  corporate credits; sovereign and quasi-sovereign debt; residential mortgage loans; and automobile loans. Volta Finance Limited has appointed AXA Investment Managers Paris, an investment management company with a division specialising in structured credit, as the investment manager of all its assets. About AXA Investment Managers AXA Investment Managers (AXA IM) is a multi-expert asset management company within the AXA Group, a global leader in financial protection and wealth management. AXA IM is one of the largest European asset managers with nearly €553 billion in assets under management as of the end of December 2012. AXA IM employs approximately 2,450 people around the world and has operations in 21 countries. Contacts Company Secretary State Street (Guernsey) Limited volta.finance@mourant.com +44 (0) 1481 715601 Portfolio Administrator Deutsche Bank voltaadmin@list.db.com For the Investment Manager AXA Investment Managers Paris Serge Demay serge.demay@axa-im.com +33 (0) 1 44 45 84 47 For more information on the Company, please visit the website at www.voltafinance.com. Disclaimer The coordinator and placing agent is acting exclusively for the Company and for no one else in connection with the Offering and will not provide any advice in relation to the Offering or any transaction or arrangement referred to herein. This press release is for informational purposes only and is not intended to constitute, and should not be construed as, an offer to sell, or a solicitation of any offer to buy, the Offer Shares or any securities of the Company in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the applicable securities laws of such jurisdiction, and the distribution of this press release in such jurisdictions may be similarly restricted. Persons into whose possession this press release comes should inform themselves about and observe any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction. This press release does not constitute an offer document or an offer of transferable securities to the public in the UK to which section 85 of the Financial Services and Markets Act 2000 of the UK ("FSMA") applies and should not be considered as a recommendation that any person should subscribe for or purchase any of the Offer Shares. The Offer Shares will not be offered or sold to any person in the UK except in circumstances which have not resulted and will not result in an offer to the public in the UK in contravention of section 85(1) of FSMA. This press release is only being distributed to and is only directed at: (A) (i) persons who are outside the United Kingdom to whom it may lawfully be distributed; or (ii) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order"); or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order; who are also, if they are located or resident within the European Economic Area ("EEA"), (B) qualified investors within the meaning of the Prospectus Directive[1] as implemented in the relevant member state (all such persons together being referred to as "Relevant Persons"). Any person who is not a Relevant Person should not act or rely on this document or any of its contents. The Offer Shares are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such Offer Shares is engaged in only with, Relevant Persons who are not U.S. persons as defined for purposes of Regulation S under the U.S. Securities Act of 1933, as amended. The Offering is therefore not made to the public (persons who are not Relevant Persons) in any relevant EEA member state within the meaning of the Prospective Directive or in the United Kingdom within the meaning of Part VI of FSMA.  ***** Not for distribution in the United States -------------------------------------------------------------------------------- [1] The expression "Prospectus Directive" meaning Directive 2003/71/EC (and amendments thereto, including the 2010 PD Amending Directive, to the extent implemented in the Relevant Member State), and includes any relevant implementing measure in the  Relevant Member State and the expression "2010 PD Amending Directive" means Directive 2010/73/EU. This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Volta Finance Limited via Thomson Reuters ONE [HUG#1699215]