Asta Funding ASFI announced today that pursuant to its shareholder rights
plan the Company has issued one preferred share purchase right for each of the
Company's common stock held by shareholders of record as of the close of
business on September 3, 2012. Each Right will entitle the holder to purchase
one one-thousandth of a share of Series A Preferred Stock that will be
established by the Company, at an exercise price of $45.00 for one-thousandth
of a preferred share. The preferred shares will be structured so that the
value of one one-thousandth of a preferred share will approximate the value of
one share of the Company's common stock.
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