17 April 2009

Alternative Asset Opportunities PCC Limited (the 'Company')

Director Share Dealing

The Company announces that, on 16 April 2009, it was informed of the
following dealings in its ordinary shares by directors:



+-------------------------------------------------------------------+
| Director | Date of       | Nature of    | Number of       | Price |
| name:    | transaction:  | transaction: | shares dealt:   | (£):  |
|----------+---------------+--------------+-----------------+-------|
| Ian      | 16 April 2009 | Purchase     | 10,000          | .40p  |
| Reynolds |               |              |                 |       |
+-------------------------------------------------------------------+



Kleinwort Benson (Channel Islands) Fund Services Limited -
Company Secretary
01481 727 111

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