AGM Statement

IFG Group plc - Chairman's Statement

27 June 2012

IFG Group plc, the leading provider of bespoke SIPPs (self-invested personal pensions) and un-conflicted and fee based Financial Advice in the UK and Ireland held its Annual General Meeting today. At the meeting, Joe Moran, Chairman, made the following statement:

The Group is performing well, is strategically focussed, financially sound and continuing to make progress.

At an EGM on 18th June 2012, shareholders voted to approve the sale of the entire International Division (Segment) to AnaCap Financial Partners II LP for £70m (€88m).The result of the vote (99.98% in favour) confirms thecompelling strategic logic for this transaction as it provides financial flexibility and a clearly focused advisory and administration business in the UK and Ireland.

Completion of the transaction is dependent on the appropriate regulatory approvals. Good progress has been made and we are targeting completion of the deal in July.

The receipt of the International sale proceeds will provide the Group with numerous options. We are now considering further investment in our core business, substantially reducing gross debt and the opportunity of returning cash to shareholders.

Our two core Advisory and Administration Businesses, namely Saunderson House and James Hay Partnership, both had good starts to the year and continue to perform well. Although cognisant of economic conditions and ongoing market uncertainty, we have a positive outlook for the current year and beyond.

Ends.

For furtherinformation please contact:

Mark Bourke Niamh Hore

Chief Executive Investor Relations Manager

IFG Group plc IFG Group plc

Tel +353 1 275 2800 Tel: +353 1 275 2866

Media enquiries:

FTI Consulting (formerly Financial Dynamics)

Ed Gascoigne-Pees / Laura Pope

Tel: +44 (0)20 7269 7132

IFG Group plc

Booterstown Hall

Booterstown

Co Dublin

www.ifggroup.com