Asset Acceptance Capital Corp. to Host First Quarter 2006 Conference Call May 4

Asset Acceptance Capital Corp. (Nasdaq: AACC) today announced that it will release its financial results for the first quarter 2006 on Thursday, May 4, 2006, before the market opens. The Company will host a conference call at 10 a.m. Eastern time the same day to discuss the results.

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. To listen, please go to the investor section of the Company’s website at www.AssetAcceptance.com. A replay of the call will be available until Friday, May 4, 2007.

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 the Company’s web site at http://www.AssetAcceptance.com.