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Placing of C Shares

17 Sep 2007 17:47

Impax Group PLC17 September 2007 PLACING OF C SHARES BY IMPAX ENVIRONMENTAL MARKETS plc As announced this afternoon by the board of Impax Environmental Markets plc("IEM"), the closed end investment company that is managed by Impax AssetManagement Ltd, a subsidiary of Impax Group plc, IEM anticipates raisingproceeds in the region of £100m through a proposed issue of C shares (the"Issue") which is expected to take place on 18 September 2007. A further announcement will be made detailing the final result of the Issue. For further information please contact: Impax Group plcIan Simm, Chief Executive +44 20 7434 1122 This information is provided by RNS The company news service from the London Stock Exchange

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