Asta Funding to Announce Second Quarter 2002 Results


Asta Funding, Inc., a leading consumer receivables asset management and liquidation company, announced that it will release its financial results for the three months and six months ended 31 March 2002, today, before the market opens.

The Company will host a conference call for the investment community that morning at 11:00 a.m. ET. Asta's president and chief executive officer, Gary Stern, and its chief financial officer, Mitchell Herman, will conduct the call.

Interested parties may participate in the conference call by dialling USA/Canada (877) 511-5818, International (706) 634-1462 about 5 - 10 minutes prior to 11:00 a.m. ET. Please refer to the Asta Funding earnings teleconference ID 4083599. A recording of the conference call will be available from 2.00 p.m. ET May 7 through May 13, by dialling USA/ Canada (800) 642-1687, International (706) 645-9291, conference ID 4083599.



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