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22.12.2010
ALF Group Holdings AG – Free Share Subscription Offer
ALF Group Holdings AG – Free Share Subscription Offer

Zurich – 22nd December 2010 – The Directors of ALF Group Holdings AG (ALF) have finalised arrangements with Kingsley Finance Co Limited (Kingsley) for the subscription of free shares by ALF shareholders who hold shares in ALF on the date of the reverse split occurring.

Notice to ALF shareholders who wish to subscribe for free shares in ALF offered by Kingsley

1. ALF Shareholders free share subscription

Shareholders are encouraged to read the terms and conditions carefully before deciding to deal with their shares in ALF and to sign where marked, provide the necessary shareholders statements and any other information as requested, to allow them to be entitled to receive their free shares.

2. The Procedure

(i) The required forms can be found in the documents section of the ALF website (www.alfgroupag.com  Investors  Documents).

You will then be able to view the terms and conditions including the subscription agreement and the Bonus Share Application Form. The documents are provided in German and English.

(ii) It is your obligation to read the terms and conditions and to complete the subscription agreement and the application form and email the documents back to ALF to: bonussharesubscription@alfgroupag.com or fax the hardcopies to +41 44 221 39 25

(iii) Once ALF have received your subscription application, signed returned acknowledgment of the terms and conditions and your Shareholder holding statements as requested, ALF will complete the allocation.

3. Closing date for subscription applications

We must receive your complying subscription agreement by the 31st December 2010.

4. Note

- Times and dates stipulated for compliance are time of the essence and ALF and or Kingsley reserve the right to reject any agreements received after the due date.

- Any questions sent to the above email address are not responded to by ALF.

- Specific questions can be addressed in English or German to info@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.

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: info@alfgroupag.com

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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