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15.09.2011
ALF Group Holdings AG – Shareholder Update and Offer Date
ALF Group Holdings AG – Shareholder Update and Offer Date

Sydney Thursday 15 September - The Chairman of ALF Group Holdings AG (ALF), Mr James W Byrnes, wishes to update ALF shareholders as follows:

“As much as we would like to confirm the distribution of the offer via our bank, we cannot do this until the legal approval is given by the banks lawyers.

Recently shareholders have taken it upon themselves to write to our Australian lawyers directly and ask them questions about our progress.

This information is privileged information between ALF and its lawyers and our lawyers are not authorized to provide any information to third parties without the express written consent of ALF”.

The Board will provide regular updates as and when the information becomes available.

In the interim, ALF have approval for the offer by its lawyers and will arrange for the offer to be sent via email to shareholders with the appropriate paperwork for completion.

We will provide a Q & A that will assist shareholders to make an informed decision and we will provide the necessary paperwork for acceptances and transfer documents.

Please note: the email address that we will distribute the offer from will be used for outgoing emails only and will not be monitored for return emails or for questions.

PLEASE DO NOT SEND ALF ANY QUESTIONS REGARDING THE OFFER; YOU SHOULD ADDRESS YOUR QUESTIONS TO YOUR BANK OR FINANCIAL ADVISOR.

Please now send an email to: info@alfgroupag.com providing:

• the shareholders name
• number of shares held
• Shareholders email address and contact details.

Nothing more than the above information is required until the offer is distributed.

The offer will require shareholders to respond by either:

- accepting either option 1 or 2 or a split number to option 1 and a number to option 2 or
- rejecting the offer.

The responses must be in writing and we will provide details when available.

The offer will be emailed when available to those who respond directly to the above email address.

The offer will be open until 30 Oct 2011.

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
Email: 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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