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Asta Funding, Inc. To Report Second Quarter And Six Months Results Of Fiscal Year 2013

ENGLEWOOD CLIFFS, N.J., May 2, 2013 (GLOBE NEWSWIRE) -- Asta Funding, Inc. (Nasdaq:ASFI), a receivable asset management and liquidation firm, will report its financial results for the second quarter and six months of fiscal year 2013, the period ended March 31, 2013 before the markets open on Thursday, May 9, 2013.

Asta Funding, Inc.'s senior executives will hold a conference call for investors on Thursday, May 9, 2013, beginning at 4:00 PM EDT to discuss the company's financial results. To participate in the conference call, please dial:

Toll-free dial-in number (U.S. and Canada):
(800) 668-4132
 
International dial-in number:
(224) 357-2196
 
Replay:
U.S. and Canada: (855) 859-2056
International: (404) 537-3406
Conference ID: 64976582

About Asta Funding:

Based in Englewood Cliffs, NJ, Asta Funding, Inc., is a receivable asset management company that specializes in the purchase, management and liquidation of performing and non-performing consumer receivables. For additional information, please visit our website at http://www.astafunding.com .

Except for historical information contained herein, the matters set forth in this news release are "forward-looking" statements (as defined in the Private Securities Litigation Reform Act of 1995.) Although Asta Funding, Inc. believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, there can be no assurance that its expectations will be realized. Forward-looking statements involve certain risks and uncertainties that could cause actual results to differ materially from Asta Funding, Inc.'s expectations. Factors that could contribute to such differences include those identified in Asta Funding, Inc.'s Form 10K, and other filings posted during this period and those described from time to time in Asta Funding, Inc.'s filings with the Securities and Exchange Commission, news releases and other communications. Asta Funding, Inc.'s reports with the Securities and Exchange Commission are available free of charge through its website at http://www.astafunding.com

CONTACT: Robert J. Michel, CFO
         Asta Funding, Inc.
         (201) 567-5648

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