MIAMI, April 14 /PRNewswire/ -- AR Growth Finance Corp. (Pink Sheets: ARGW), a diversified financial services company headquartered here with pension funds, annuities and credit-card operations in Argentina, has appointed Allen & Caron Inc to handle its investor relations and corporate communications. AR Growth Finance invests in financial services companies. Its first Argentine transactions were consummated in February 2008, and included several Argentine shareholders. The Company has a 95% interest in Probenefit SA, an Argentine pension, insurance and consumer credit-card company that reported revenue of US$19.2 million with net income of US$3.2 million for the year ended December 31, 2007. The Company intends to focus on the profitable and stable growth prospects of the Probenefit pension and insurance businesses, and to promote rapid growth in the credit-card business. CEO Kevin Fitzgerald said, "Although our operations are primarily in Argentina now, our focus will be on broader opportunities, in areas that are experiencing rapid economic growth, which, in turn, drives a growing demand for financial services. We wanted to find an investor relations agency with experience in cross-border companies, and with the ability to introduce us to the institutional investors appropriate to our industry segment. Allen & Caron has an excellent track record with international companies, and has demonstrated an ability to help to find the right fund managers and the right analysts. We look forward to working with them." Allen & Caron CEO Joe Allen said, "We believe that AR Growth Finance has an intriguing opportunity in Argentina, with vibrant operations in pension funds and insurance, and a fast-growing, though still small, consumer credit-card operation. Their timing seems to be excellent, and their management team, both in the US and in Buenos Aires, is top-notch. We will be introducing AR Growth Finance to fund managers across North America, and will be setting up the Company's first non-deal road trip shortly. We believe that AR Growth Finance will find enthusiastic support among savvy hedge fund managers and other institutional investors." About Allen & Caron Allen & Caron is a full-service corporate, investor and marketing communications agency serving the needs of public companies. The Allen & Caron international client base includes emerging-growth companies in a range of industry segments. The firm has offices in Irvine, California; New York City; and London; maintains a presence in Paris; and has an affiliate relationship with a leading investor relations firm in Italy, with offices in Milan and Rome. About AR Growth Finance Corp. AR Growth Finance Corp. (Pink Sheets: ARGW) is a Delaware corporation established in 2007 to invest in finance-related companies in Argentina and ultimately throughout South America. Its principal shareholders are US and Argentine financial institutions, and its acquisition of 95% of Probenefit was announced on February 27, 2008. Contact: Allen & Caron AR Growth Finance Corp. Rudy Barrio (investors) Kevin Fitzgerald, Brian Kennedy (media) Chief Executive Officer 212-691-8087 305-446-4800 DATASOURCE: Allen & Caron CONTACT: investors, Rudy Barrio, , or media, Brian Kennedy, , both of Allen & Caron, +1-212-691-8087; or Kevin Fitzgerald, Chief Executive Officer of AR Growth Finance Corp., +1-305-446-4800 Web site: http://www.allencaron.com/ Company News On-Call: http://www.prnewswire.com/comp/133897.html

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