🕐18.01.11 - 08:54 Uhr

ALF Group Holdings AG: Share buyback scheduled for Q2/2011



ALF Group Holdings AG: Share buyback scheduled for Q2/2011 Zurich - 18th January 2011 - ALF Group Holdings AG (ALF) now can confirm that the company will buy back shares in ALF Group Holdings AG for an expenditure by the company of up to 2,250,000 euro subject to terms and conditions. The major shareholder, Kingsley Finance Co Limited (Kingsley) has already agreed not to take part in the share buyback.

The buyback needs approval of the company’s shareholders at the upcoming annual shareholders’ meeting.

We will inform our shareholders early in advance where and when it will take place.

It will most likely be in March or April. Kingsley already has signalled that their intention is to vote in favour of the resolution when put to the meeting’s agenda. The share buyback will be conducted on market and at relevant times that the ALF management deem appropriate.

The Directors are mindful that the stock has a very limited free float and volume is likely to be relatively limited.

For this reason ALF has set a maximum on market share purchase price of 3.50 euro.

Kingsley voluntarily provided free shares to the relevant ALF shareholders.

Again, please note that the transfer of shares to admitted shareholders is scheduled for July 2011 is subject to receiving the 30th of June 2011 holding statement confirming shareholders have retained their shares.

We again confirm the only amendment to the holding statement at the 30th of June 2011, is the sale of shares to ALF on the proposed share buyback. The share buyback therefore provides all shareholders that applied successfully for free shares the chance to generate liquidity before 30th of June 2011 without loosing the right to receive the full amount of free shares. 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. 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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