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Directorate Change

26th Oct 2010 14:41

Impact Holdings (UK) plc ("IHUK" or "the Group") Board Changes Board Changes

The Board of IHUK is pleased to announce Justin Graham Bates (aged 39) will join the Group with effect from 1st November 2010 as Non Executive Director and Richard Kilsby will retire from the Board as planned.

Justin has corporate finance and AIM experience and is presently employed by Keefe, Bruyette & Woods who specialise in providing advice to financial services companies.

Richard Kilsby remains a substantial and committed shareholder with Justin's appointment reflecting the Group's desire to achieve its strategic and growth aspirations.

Justin Graham Bates has held the following directorships within the last five years:

Current: nil

Past: Numis Securities Limited

Goodie Gumdrops Limited

Daniel Stewart Securities plc

There are no further disclosures to be made in accordance with schedule 2 (g) of the AIM Rules.

For further information:

Impact Holdings (UK) plc Paul Davies, Chief Executive Officer Tel: 0161 437 9499

Zeus Capital Limited Alex Clarkson / Tom Rowley Tel: 0161 831 1512

Notes to Editor:

Impact Holdings (UK) plc through its individual subsidiaries provides short term funding solutions, loans administration and IT support services in two specific sectors:

1. The legal disbursements market; and,

2. Property based bridging and development market.

Impact is regulated by The Office of Fair Trading through which it is licensed to lend under the Consumer Credit Act 1974.

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Related Shares:

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