Tranen Capital Ltd. Establishes European Presence

ROAD TOWN TORTOLA, British Virgin Islands, February 18, 2010 - Tranen Capital Ltd. is pleased to announce two new office locations, in
Zurich, Switzerland and Dublin, Ireland, that will be servicing
European-based clients. Tranen Capital will be sponsoring and speaking both
at the Institutional Investors Congress in Vienna, Austria, February 21-22
and in Monte Carlo, Monaco on June 14-17. Tranen Capital is an alternative
investment Fund focused on the Life Settlements market or the secondary
market for life insurance in the United States.

Life Settlement is a growing market globally, from a US$16 billion dollar
per year industry to an expected annual growth rate well 'over US$160 billion
in the next several years,' according to Sanford Bernstein, a financial
consultant. The life settlement market has gained much press in recent months
about the potential for securitization of the asset class. The American
Counselors of Life Insurance (ACLI) have tried to ban securitization, arguing
that the investment banking industry's need for product (policies) to be
securitized will lead to Seniors (over age 65) being encouraged to purchase
life insurance polices for the sole purpose of reselling them, thereby
fueling the securitization market. The purchase and resale of policies,
however, is a perfectly good, and legal, method for Seniors to generate
needed cash. In fact, many organizations have come to the defense of the
consumer in this matter. The European Life Settlement Association (ELSA),
formed in 2009, is one of the leaders against the effort to ban
securitization, stating that it is a suspect and cynical argument, designed
to prevent seniors from realizing the economic benefit in being able to
purchase and resell life insurance policies and to eliminate a product and
foreclose a market, securitized life policies, that could provide stable
returns for investors.

Tranen Capital supports the position of ELSA. "There has never been a
better time for seniors to be able to realize liquidity, whether they cannot
afford premium payments, or to realize the economic benefit in a policy,"
states Kenneth A. Landgaard, managing director of Tranen Capital.
"Transparency of purpose and intent, consumer rights and protections, and
asset liquidity have to be at the core of this argument, not the insurance
industry's profiting from policy lapses," concludes Landgaard.

www.tranencapital.com

Tranen Capital Ltd. Investor Relations, +1-646-873-6901, Info at TranenCapital.com