LIFE SETTLEMENT ASSETS PLC — Net Asset Value 2020

Feb 28, 2020

National Storage Mechanism | Additional information

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RNS Number : 5123E

Life Settlement Assets PLC

28 February 2020

LIFE SETTLEMENT ASSETS PLC

LEI: 2138003OL2VBXWG1BZ27

(the "Company" or "LSA")

Monthly NAV Report

LSA, a closed-ended investment company which manages portfolios of whole and fractional interests in life settlement policies issued by life insurance companies operating predominantly in the United States, today announces its unaudited Net Asset Value (NAV) for its four classes of ordinary shares - A Ordinary Shares ("A Shares"), B Ordinary Shares ("B Shares"), D Ordinary Shares ("D Shares") and E Ordinary Shares ("E Shares") as at 31 December 2019.

The unaudited NAV for the B and E share classes shows a movement in percentage terms of +8.39% and -6.48% respectively over the previous month. For the B share class this change results from additional information becoming available on a number of policies leading to a positive change in the valuation. For the E share classes the change is mainly driven by improvement in the mortality assumptions.  The changes for the A and D share classes over the previous month were  -1.37% and -2.87% respectively

The information and further commentary on each of its share classes will be available on LSA's website, www.lsaplc.com/investor-relations/reports-company-literature.

A Shares

Estimated NAV	NAV per share
US$89,107,790	US$2.2338

B Shares

Estimated NAV	NAV per share
US$14,863,078	US$1.0183

D Shares

Estimated NAV	NAV per share
US$7,310,432	US$0.8314

E Shares

Estimated NAV	NAV per share
US$3,511,622	US$2.2416

For further information contact

Acheron Capital Limited (Investment Manager)

Jean-Michel Paul

020 7258 5990

Shore Capital (Financial Adviser and Broker)

Robert Finlay

020 7408 4090

ISCA Administration Services Limited

Company Secretary

Tel: 01392 487056

Notes to Editors

LSA is a closed-ended investment company which manages portfolios of whole and fractional interests in life settlement policies issued by life insurance companies operating predominantly in the United States. The life settlement market enables individuals to sell their life insurance policies to investors at a higher cash value than they would otherwise receive from insurance companies (if they were cancelled or surrendered at the date of sale). The Company aims to manage portfolios of life settlement products so that the realised value of the policy maturities exceeds the aggregate cost of acquiring the policies, ongoing premiums, management fees and other operational costs.  LSA was is listed on the Specialist Fund Segment of the Main Market of the London Stock Exchange.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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