New Accounting Reference Date

3 March 2011

IPSA Group PLC

("IPSA" or "the Company")

Change of Accounting Reference Date to 31 March 2011

IPSA Group PLC (AIM: IPSA), the developer, owner and operator of power generation capacity in Southern Africa, announces that the Company's financial year end has been extended from 30 September 2010 to 31 March 2011.

Accordingly:

·; a further set of interim results for the period ended 30 September 2010 will be announced by the Company on, or before, 31 March 2011; and

·; the audited accounts for the 18 month period ending 31 March 2011 will be published and announced on, or before, 30 June 2011.

This change of accounting reference date has been filed with Companies House.

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