AFN Alesco Financial

PHILADELPHIA, March 2 /PRNewswire-FirstCall/ -- Alesco Financial Inc. (NYSE:AFN) announced today that its financial results for the quarter and year ended December 31, 2008 will be released after market hours on March 4, 2009. A live discussion of AFN's financial results will be available via webcast on March 10, 2009 at 10:00am ET. Interested parties can access the live webcast by clicking on the webcast link on AFN's homepage at http://www.alescofinancial.com/. Those wishing to listen to the discussion of financial results via telephone with operator assistance can dial 866-831-6272 or, for those calling from overseas, 617-213-8859. For timely access to the discussion of financial results, please access the webcast link or dial in by phone at least ten minutes in advance of the scheduled time. A replay will be available for two weeks at 888-286-8010, passcode 59323927. About Alesco Financial Inc. Alesco Financial Inc. is a specialty finance REIT headquartered in Philadelphia, Pennsylvania and trades on the New York Stock Exchange under the symbol "AFN". Alesco is externally managed by Cohen & Company Management, LLC, a subsidiary of Cohen and Company, a global alternative fixed-income asset manager. For more information, please visit http://www.alescofinancial.com/. Investors: Media: John Longino Joseph Kuo Chief Financial Officer Kekst and Company 215-701-8952 212-521-4863 DATASOURCE: Alesco Financial Inc. CONTACT: Investors: John Longino, Chief Financial Officer, Alesco Financial Inc., +1-215-701-8952, ; Media: Joseph Kuo, Kekst and Company, +1-212-521-4863, for Alesco Financial Inc. Web Site: http://www.alescofinancial.com/

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