Schultze Asset Management, LLC ("SAM") has announced the listing of Class L shares of Schultze Offshore Fund, Ltd. ("SOF") on the Irish Stock Exchange ("ISE"). SOF is SAM's flagship vehicle's offshore feeder.

The ISE listing is expected to bring a wide variety of benefits for certain investors including: (a) enabling a broader range of investors by making it an eligible investment, (b) reducing regulatory constraints for investors in some countries, (c) generally increasing the credibility and profile of the entity, (d) enhancing transparency, and (e) tax considerations. The ISE has been in existence for over 200 years and is recognized worldwide as a leading center for listing investment funds with over 3,000 funds and sub-funds listed.

George Schultze, Founder and Managing Member of SAM stated, "We are very excited about listing SOF's shares and look forward to working with the Irish Stock Exchange going forward. In our view, listing on the ISE represents best practices. As this is also our firm's 16th anniversary, we wish to thank all of our clients, service providers and personnel who have helped us achieve these two significant milestones."

About Schultze Asset Management, LLC

Schultze Asset Management, LLC is a specialist alternative investments firm founded by George Schultze in 1998. It manages pooled investment vehicles and managed accounts for hundreds of clients worldwide with a particular emphasis on event-driven and distressed securities investing.. Mr. Schultze is a frequent speaker at investment conferences and has been interviewed by journalists from Bloomberg, Fox, CNBC, TheStreet.com, CNN, the Wall Street Journal, the Dow Jones Daily Bankruptcy Review, and many others. He is also the author of The Art of Vulture Investing: Adventures in Distressed Securities Management. Mr. Schultze is an elected director of the Hedge Fund Association, a global non-profit industry organization, and active in philanthropic activities through the Schultze Foundation. Additional information on the firm can be found at http://www.samco.net.

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