Ifg Regulatory News (IFP)

4 December 2012

IFG Group plc

("IFG" or the "Company")

Result of Tender Offer

The Board of IFG is pleased to announce the successful result of the Tender Offer described in the Circular issued by the Company to its Shareholders on 5 November 2012 which closed on 3 December 2012 following Shareholder approval at an Extraordinary General Meeting of the Company held on 28 November 2012.

A total of 87,727,936 ordinary Shares were validly tendered at the Tender Price pursuant to the Tender Offer which equates to approximately 69.4 per cent. of the 126,471,801 Ordinary Shares currently in issue.

The total number of Ordinary Shares to be purchased by the Company pursuant to the Tender Offer is 22,603,636 for a total consideration, before expenses, of approximately €37.3 million.

In accordance with the terms of the Tender Offer, Shareholders who validly tendered to sell less than or equal to 17.872471 per cent. of their shareholdings ('their Guaranteed Entitlement') will have their tender satisfied in full. Shareholders who validly tendered more than their Guaranteed Entitlement, will have their Guaranteed Entitlement satisfied in full and any Ordinary Shares tendered above their Guaranteed Entitlement will be scaled down (to the nearest whole number of Ordinary Shares) to 1.9166832 per cent of their respective excess applications.

Ordinary Shares purchased under the Tender Offer will be cancelled by the Company. Following completion of the Tender Offer and cancellation of the validly tendered and accepted Ordinary Shares, the Company will have a total of 103,868,165 Ordinary Shares in issue.

It is anticipated that the crediting of CREST accounts (in the case of accepted tenders relating to Ordinary Shares in uncertificated form) and the despatch of consideration (in the case of accepted tenders relating to Ordinary Shares in certificated form) will occur by 17 December 2012. In addition, it is anticipated that CREST accounts will be credited for unsuccessfully tendered Ordinary Shares by 17 December 2012, and that balance certificates will be issued, and share certificates for unsuccessfully tendered certificated Ordinary Shares will be returned, to Shareholders by 17 December 2012.

Terms used but not defined in this announcement have the same meaning given to them in the Circular.

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