Circular issued re acquisition

IFG Group plc

ACQUISITION OF LANGTRY TRUST COMPANY ( CHANNEL ISLANDS ) LTD ('LANGTRY')

BY IFG GROUP PLC (THE 'COMPANY') - POSTING OF CLASS 1 CIRCULAR

Further to the announcement of 27 November 2006 regarding the proposed acquisition of Langtry by the Company, a circular (the 'Circular') has been posted to shareholders convening an Extraordinary General Meeting (an 'EGM').

The purpose of the EGM is to allow shareholders to vote on an ordinary resolution to approve the proposed acquisition of Langtry. The EGM will be held at 11.00 a.m. on Monday, 18 December 2006, at Jurys Hotel, Ballsbridge, Dublin 4.

Copies of the circular have been submitted to the Irish Stock Exchange and the UK Listing Authority and will shortly be available for inspection by the public during normal business hours any weekday (public holidays excepted) at:

Company Announcements Office

Irish Stock Exchange

Dublin 2

Document Viewing Facility of the Listing Authority

Financial Services Authority

25 The North Colonnade

Canary Wharf

London E14 5HS

The Circular is also available on the IFG Group website, www.ifggroup.com.

30 November 2006