Credit rating update

8 June 2017

INTERNATIONAL PERSONAL FINANCE PLC

CREDIT RATING UPDATE

International Personal Finance plc ("IPF") notes that Fitch has downgraded the long-term credit rating of IPF by one notch from BB+ to BB, with outlook negative. This was part of the scheduled annual review of the rating by Fitch.

Fitch highlights the announcement in December 2016 of a proposal by the Polish Ministry of Justice to reduce the cap on non-interest charges on consumer loans; and the announcement in January 2017 that IPF's home credit company in Poland, Provident Polska, would appeal a decision received from the Polish Tax Chamber.

IPF has already updated public markets on these issues, and there are no further significant developments on these issues at this stage.

Enquiries:

Legal Entity Identifier: 213800II1O44IRKUZB59