IFG Group News

IFG Group - Interim Management Statement

18 Nov 2011

Dear Broker,

Please see the interim management statement released by IFG Group

Highlights:
·         James Hay Partnership new business initiatives underway with attrition better than planned
·         Total number of SIPPs under administration of 38,513 at end October 2011
·         Saunderson House new client wins to date ahead of prior full year (Dec 2010: 100)
·         IFG International impacted by difficult market conditions but annual fees proving resilient
·         Financial position further strengthened as net debt is expected to be in the mid-single digit millions (GBP) by year end (Dec 2010: £12.7m).

Also, please note the interim dividend of 1.5 cent per share will be paid to qualifying shareholders on the register at the close of business on 2nd December 2011.  Dividend warrants will be posted on 16th December 2011.

Regards,

One Network Communications