Atlanticus (ATLC) 8-K Completion of Acquisition or Disposition of Assets

Exhibit 99.1

The following table shows on both a historical basis and pro forma basis our consolidated balance sheet as of December 31, 2010, giving effect to our sale of the MEM operations resulting in approximately $170.7 million in net proceeds and the subsequent use of approximately $105.0 million to purchase CompuCredit’s common stock pursuant to the tender offer described in the Schedule TO filed with the Securities and Exchange Commission on March 14, 2011.

The following unaudited pro forma consolidated balance sheet is presented for illustrative purposes only and is not necessarily indicative of the financial position that would have been achieved had the disposition and the tender offer been consummated as of the dates indicated or of the results that may be obtained in the future.  The unaudited pro forma consolidated balance sheet should be read together with CompuCredit’s audited consolidated financial statements and accompanying notes, as of and for the fiscal year ended December 31, 2010, and Management’s Discussion and Analysis of Financial Condition and Results of Operations included in CompuCredit’s Annual Report on Form 10-K for the fiscal year ended December 31, 2010.

CompuCredit Holdings Corporation and Subsidiaries

Consolidated Pro Forma Balance Sheet

As of December 31, 2010

(Dollars in thousands)

	Historical			Pro Forma Adjustments			Pro Forma
Assets				(unaudited)			(unaudited)
Cash and cash equivalents (including restricted cash of $36,023 at December 31, 2010)	$	104,954		$	65,703	(a)	$	170,657
Loans and fees receivable:
Loans and fees receivable, net (of $4,591 in deferred revenue and $9,282 in allowances for uncollectible loans and fees receivable at December 31, 2010)		50,805			—			50,805
Loans and fees receivable pledged as collateral under structured financings, net (of $15,912 in deferred revenue and $28,340 in allowances for uncollectible loans and fees receivable at December 31, 2010)		118,801			—			118,801
Loans and fees receivable, at fair value		12,437			—			12,437
Loans and fees receivable pledged as collateral under structured financings, at fair value		373,155			—			373,155
Investments in previously charged-off receivables		29,889			—			29,889
Investments in securities		64,317			—			64,317
Deferred costs, net		3,151			—			3,151
Property at cost, net of depreciation		15,893			—			15,893
Investments in equity-method investees		8,279			—			8,279
Intangibles, net		2,378			—			2,378
Prepaid expenses and other assets		16,591			—			16,591
Assets held for sale		80,259			(80,259	)		—
Total assets	$	880,909		$	(14,556	)	$	866,353
Liabilities
Accounts payable and accrued expenses	$	50,861		$	—		$	50,861
Notes payable associated with structured financings, at face value		96,905			—			96,905
Notes payable associated with structured financings, at fair value		370,544			—			370,544
Convertible senior notes		229,844			—			229,844
Deferred revenue		1,413			—			1,413
Income tax liability		60,411			—			60,411
Liabilities related to assets held for sale		9,114			(9,114	)		—
Total liabilities		819,092			(9,114	)		809,978
Commitments and contingencies
Equity
Common stock, no par value, 150,000,000 shares authorized: 46,217,050 shares issued and 37,997,708 shares outstanding at December 31, 2010 (including 2,252,388 loaned shares to be returned)		—			—			—
Additional paid-in capital		408,751			—			408,751
Treasury stock, at cost, 8,219,342 shares at December 31, 2010		(208,696	)		(105,000	)		(313,696	)
Accumulated other comprehensive loss		(5,608	)		5,608	(b)		—
Retained deficit		(151,609	)		103,677	(c)		(47,932	)
Total shareholders’ equity		42,838			4,285			47,123
Noncontrolling interests		18,979			(9,727	)		9,252
Total equity		61,817			(5,442	)		56,375
Total liabilities and equity	$	880,909		$	(14,556	)	$	866,353

(a)   Represents net proceeds from the MEM sale of $170.7 million less $105.0 million to purchase CompuCredit’s common stock.

(b)   Represents the recognition of accumulated translation adjustments associated with our MEM operations.

(c)   Represents pro forma net gain associated with the sale of our MEM operations, which will be recorded during CompuCredit's quarter ending June 30, 2011, subject to adjustment for MEM's 2011 operations impact and any necessary working capital adjustments.