Tetragon Financial Group Limited (TFG) Announces Extension of its Share Repurchase...

Tetragon Financial Group Limited (TFG) Announces Extension of its Share
Repurchase Program

LONDON, October 23 /PRNewswire-FirstCall/ -- TFG today announces the
extension of its share repurchase program. The Board of TFG continues to be
confident in the long-term prospects of the Company. The Board also continues
to believe that the purchase of shares in the market at appropriate price
levels below Net Asset Value continues to represent an attractive use of
TFG's excess cash and an efficient means to return cash to its shareholders.
The share repurchase program will continue, on the same terms as previously
announced on November 30, 2007, through 3 June 2009, until 5% of the
Company's outstanding shares have been repurchased or until terminated by the
Board.
Accordingly, the maximum price to be paid per share under the share
repurchase program shall as before not exceed the higher of the price of the
last independent trade and the highest current independent bid on Eurolist by
NYSE Euronext Amsterdam, and TFG's maximum daily trading volume for such
purchases shall continue to be based on the average daily volume traded in
October 2007 and will remain fixed for the duration of the program.
About Tetragon:
Tetragon Financial Group Limited (TFG) is a Guernsey closed-ended
investment company traded on Euronext Amsterdam by NYSE Euronext under the
ticker symbol "TFG."
Tetragon Financial Group Limited (TFG) currently invests through
long-term funding vehicles such as collateralized loan obligations (CLOs) in
selected securitized asset classes and aims to provide stable returns to
investors across various interest rate and credit cycles.
This release does not contain or constitute an offer to sell or a
solicitation of an offer to purchase securities in the United States or any
other jurisdiction. The securities of TFG have not been and will not be
registered under the US Securities Act of 1933 (the "Securities Act"), as
amended, and may not be offered or sold in the United States or to US persons
unless they are registered under applicable law or exempt from registration.
TFG does not intend to register any portion of its securities in the United
States or to conduct a public offer of securities in the United States. In
addition, TFG has not been and will not be registered under the US Investment
Company Act of 1940, and investors will not be entitled to the benefits of
such Act. TFG is registered in the public register of the Netherlands
Authority for the Financial Markets under Section 1:107 of the Financial
Markets Supervision Act as a collective investment scheme from a designated
country.
For further information, please contact:

TFG:
Ryan Stork/Yuko Thomas
Investor Relations
HUir@polygoninv.com

Press Inquiries:
Finsbury
Charles Chichester/Talia Druker/Rollo Head
+44-20-7251-3801

SOURCE Tetragon Financial Group Limited

For further information, please contact:TFG: Ryan Stork/Yuko Thomas, Investor
Relations, HUir@polygoninv.com; Press Inquiries: Finsbury, Charles
Chichester/Talia Druker/Rollo Head, +44-20-7251-3801