ALF Group Holdings AG generates EUR 1.2 million EBIT in Q3/2010 Zurich (Switzerland), 19th October 2010 - ALF Group Holdings AG (ALF) is pleased to provide the following update for the period 1st July 2010 to 30th September 2010. - ALF generated in excess of CHF 1.5m (1.2m Euro) in EBIT during the period. - The Directors confirm that no director’s fees were paid during the period.

- Consolidated year to date earnings to 30th September 2010 are approx.

Euro 6.4m and based on post EGM shares on issue of approx.

100 million, this equates to earnings per share of Euro 6.4 cents. - ALF continues to reinvest all free cash in the expansion of ALF’s subsidiaries.

Details of the subsidiaries and ALF’s business interests and future plans can be found on the ALF website (www.alfgroupag.com). About ALF Group Holdings AG ALF Group Holdings AG (ALF) wholly owns ALF Group Pty Ltd and its subsidiaries, which includes one of Australia’s largest litigation funders, and a corporate restructuring services company which also provides funding and debt and equity solutions.

It is also an acquirer and developer of distressed assets.

To view: - 2010 Interim Report: http://www.alfgroupag.com/media/documents/Interim_Report.pdf - Audited Accounts to 30Th June 2010: http://www.alfgroupag.com/media/documents/img-8131755-0001_pdf.pdf - Some of ALFs projects: http://www.alfgroupag.com/projects/australia/alf-property-1-pty-ltd.html
For further information please contact: ALF Group Holdings AG Level 29, Chifley Tower 2 Chifley Square Sydney, NSW 2000 Australia Telephone +61-2-9293-2500 Fax +61-2-9293-2930 Website: www.alfgroupag.com E-mail:
Legal Disclaimer This press release contains forward-looking statements based on beliefs of ALF management.

When used in this press release, words such as "anticipate", "believe", "estimate", "expect", "intend", "plan" and "project" are intended to identify forward-looking statements.

Such statements reflect the views of ALF Group Holdings AG as of the date made with respect to future events and are subject to risks and uncertainties.

Many factors could cause actual results to be materially different from those projected here, including, among others, changes in general economic and business conditions, changes in currency exchange rates and interest rates, introduction of competing products, lack of acceptance of new products or services and changes in business strategy.

ALF disclaims any intention or obligation to update these forward-looking statements.
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