Lifetrade Receives the First Life Settlements Open-Ended Fund S&P Credit Quality Rating

Lifetrade Receives the First Life Settlements Open-Ended Fund S&P Credit Quality Rating

July 31, 2006

    CURACAO, Netherland Antilles, July 31
/Xinhua-PRNewswire/ -- The Lifetrade Fund B.V., has
received a Standard & Poor's Credit Quality rating as a
life settlement investment fund. Lifetrade is the first
open-ended fund to receive such a rating from Standard
& Poor's in the secondary life insurance market.

    The rating is based on Lifetrade's "strong
protection from credit defaults", said Standard &
Poor's credit analyst, Sergio Garibian. S&P issued the
fund with an "Af" credit-quality rating and will
continue to monitor pertinent fund information and
portfolio reports monthly. 

    "By being the first life settlement open-ended
fund to receive a Standard & Poor's Credit Quality
Rating, it not only demonstrates our rigorous due diligence
approach to the secondary market, but also adds independent
credence to our belief in the benefits of sound business
practices and a team-based approach", asserted
Managing Director, Roy Smith. "Our mission is to
continue to increase our market knowledge and expertise to
provide investors with a high quality, precise and
diversified life settlements portfolio."

    The joint managing directors are Equity Trust Company
(Curacao) N.V. and Mr. Roy Smith. Equity Trust Company
(Curacao) N.V. serves as the administrator.  The Bank of
New York acts as custodian, escrow agent and verification
agent.

    The Lifetrade Fund 

    The Lifetrade Fund B.V. ( http://www.lifetrade.com ) is
an open-ended fund domiciled in Curacao, Netherland
Antilles, with a fluctuating net asset value that is priced
monthly. The Fund's investment objective is to provide
investors long-term capital appreciation through exposure
to a well-defined and diversified portfolio of life
settlements, while preserving principle and maintaining a
highly stable net asset value. The Fund generally invests
in various high-credit-quality universal life insurance
policies, as well as cash-equivalent securities to enhance
liquidity. 

    This document is not an invitation or solicitation to
invest in The Lifetrade Fund B.V. subscriptions for any
class must be made by application to the administrator of
the fund. 

    For more information, please contact:

    Lifetrade
    Email: [e-mail] 
    Web:   http://www.lifetrade.com 

SOURCE  The Lifetrade Fund B.V.