EEA LIFE SETTLEMENTS FUND PCC LIMITED
(an open-ended protected cell company incorporated in Guernsey with registration number 43302)
INVESTOR NOTIFICATION - CONTINUED SUSPENSION OF DEALINGS
15 June 2012
Following a meeting on 30 November 2011 of the Board of Directors (the Board) of EEA Life Settlements Fund PCC Limited (the Fund), the Board declared an immediate suspension of the valuation of the net asset value of all classes of redeemable preference shares in each cell of the Fund and of the issue, sale, purchase, redemption, conversion and dealings of shares of each such class, which the Board is entitled to do in accordance with the Fund’s articles of incorporation (the Articles) and offering memorandum.
The Fund's Articles state that any suspension of dealings shall continue until the Board determines otherwise, or until six months have elapsed from the date of suspension, unless prior to the expiry of such period the Board shall have declared a further suspension in which case such suspension shall continue until terminated pursuant to the provisions of the Articles.
Please note that in a meeting on 31 May 2012, the Board declared a further suspension of the valuation of the net asset value of all classes of redeemable preference shares in each cell of the Fund and of the issue, sale, purchase, redemption, conversion and dealings of shares of each such class.
As indicated in the announcement of 14 May 2012, the Board is proceeding to consider details of the restructuring options for the Fund as outlined in the announcement of 19 March 2012. The Board will contact shareholders in due course with further details regarding these options.
If you have any questions or concerns please call your independent financial adviser or your usual EEA representative.