&lt;ASTA GROUP INC> UNIT IN LOAN PURCHASE

  Asta Group Inc said its 50 pct
  owned Liberty Service Corp affiliate has purchased about 50 mln
  dlrs face value of credit card installment receivables from a
  major financial institution it did not name for a significant
  discount from face value.
      It said the portfolio consists mostly of charged off loans.
      The company also said it expects to realize a profit of
  about 300,000 dlrs on its 25 pct interest in the Briarcliff
  Manor condominium project in New York, with about 140,000 dlrs
  of the profit being reflected in the year ending September 30.
  

