Asset Acceptance to Host Fourth Quarter and 2008 Year-End Conference Call February 19

Asset Acceptance Capital Corp. (Nasdaq: AACC) announced today that it will release its financial results for the fourth quarter and year-end 2008 on Thurs., Feb. 19, 2009, before the market opens. The Company will host a conference call at 10 a.m. EST the same day to discuss its results as well as provide a detailed strategic update for 2009. The strategic update portion of the call will be accompanied by a slide presentation that will be available electronically on the day of the call.

Participation in the question-and-answer session of the call will be limited to institutional investors and analysts. Individual investors and retail brokers are invited to listen via a live webcast, available on the investor section of the Company’s website at www.AssetAcceptance.com. A replay of the webcast will be available until Feb. 19, 2010.

About Asset Acceptance Capital Corp.
For more than 45 years, Asset Acceptance has provided credit originators, such as credit card issuers, consumer finance companies, retail merchants, utilities and others an efficient alternative in recovering defaulted consumer debt. For more information, please visit www.AssetAcceptance.com.