MIAMI, Sept. 2 /PRNewswire-FirstCall/ -- AR Growth Finance Corp. ("AR Growth") (Pink Sheets: ARGW.PK) announced today that its subsidiaries in Argentina are reallocating office space to maximize company-wide resources, capitalize on merger-related synergies and provide for future expansion under improved operational conditions. As a result of the merger of AR Growth's pension fund subsidiaries Unidos and ProRenta, their operations were consolidated in Sunchales, province of Santa Fe, Argentina. The consolidation also enabled Unidos to open a new branch in the core of the Buenos Aires downtown area, just opposite the Buenos Aires Stock Exchange building. This prestigious location will contribute to Unidos' development strategy. Finally, AR Growth's 95% owned subsidiary, ProBenefit S.A. ("ProBenefit") has also announced the opening of its new corporate offices in Buenos Aires. Kevin Fitzgerald, Chief Executive Officer and Director of AR Growth, commented, "We are very happy to see the ProBenefit management team quickly consolidating offices and following through on its cost-savings plans." Oscar Cerruti, a Director of AR Growth added, "Buenos Aires is a key growth area for us and by having a new pension fund office, as well as our new ProBenefit corporate office there, we will be able to better focus on our expansion plan." About AR Growth Finance Corp AR Growth Finance Corp is a Delaware corporation established in 2007 to invest in finance-related companies in Argentina and ultimately throughout South America. Its principal shareholders are U.S. and Argentine financial institutions, and its acquisition of 95% of ProBenefit was announced on February 27, 2008. Forward-Looking Statements This press release contains, or may contain, forward-looking statements, such as statements regarding the growth and growth strategy in the industry in which AR Growth operates. The forward-looking statements contained in this press release are subject to other risks and uncertainties. AR Growth assumes no obligations to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect. DATASOURCE: AR Growth Finance Corp. CONTACT: Rudy Barrio (investors), , or Brian Kennedy (media), , both of Allen & Caron, +1-212-691-8087; or Kevin Fitzgerald, Chief Executive Officer, AR Growth Finance Corp., +1-305-446-4800

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