Asset Acceptance Capital Corp. to Present at Michigan Growth Stock Conference

WARREN, Mich., Aug. 24 /PRNewswire-FirstCall/ — Asset Acceptance Capital Corp. (Nasdaq: AACC), a leading purchaser and collector of charged-off consumer debt, will present to institutional fund managers and analysts at the first-ever Michigan Growth Stock Conference (MGSC) at 8:45 a.m. ET on Aug. 30, 2005. A live webcast of the presentation will be available to investors, analysts and media.

What: Asset Acceptance Capital Corp. Presents at Michigan Growth Stock Conference

When: 08/30/05 at 8:45 a.m. ET

Where: http://www.AssetAcceptance.com

How: Live over the Internet — Simply log on to the Investors section at the address above. An archive of the call will be available one-year from the date of the presentation.

Hosted by Lambert, Edwards & Associates, Inc. (http://www.lambert-edwards.com), Michigan's largest investor relations firm, the MGSC is a first-of-its kind, invitation-only event designed to introduce regional investment professionals to the CEOs and CFOs of some of Michigan's strongest small and mid-cap companies.

Also presenting at the event will be management from Grand Rapids, Mich.- based Mercantile Bank Corp., Charlotte, Mich.-based Spartan Motors, Inc. and Rockford, Mich.-based Wolverine World Wide, Inc. More information on the event is located at http://www.lambert-edwards.com.

About Asset Acceptance Capital Corp.
For more than 40 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 http://www.AssetAcceptance.com.