Director - PDMR Shareholding

1

Name of the Issuer

IFG GROUP PLC

2

State whether the notification relates to:

(i)                   a transaction notified in accordance with Market Abuse Rules; (ii) a disclosure made in accordance with section 53 (as extended by section 64 of the Companies Act 1990) or entered into the issuer’s register in accordance with section 59 of the Companies Act 1990; or (iii) both (i) and (ii).

                              (i)

3

Name of person discharging managerial responsibilities/director

NICHOLAS FLETCHER

A PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES

4

State whether notification realties to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

N/A

5

Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

HOLDING OF NICHOLAS FLETCHER

6

Description of shares (including class) debentures or derivatives or financial instruments relating to shares

IFG GROUP PLC ORDINARY SHARES OF 12 CENT EACH

7

Name or registered shareholder(s) and, if more than one, number of shares held by each of them

ALLIANCE TRUST SAVINGS LIMITED – 5,780 ORDINARY SHARES

JAMES HAY PENSION TRUSTEES LIMITED – 20,738 ORDINARY SHARES

8

State the nature of the transaction

PURCHASE OF ORDINARY SHARES

9

Number of shares, debentures or financial instruments relating to shares acquired

5,780 ORDINARY SHARES

10

Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating  percentage)

0.01%

11

Number of shares, debentures or financial instruments relating to shares disposed

N/A

12

Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating  percentage)

N/A

13

Price per share or value of transaction

STG£1.20 PER SHARE

14

Date and place of transaction

28 JANUARY 2008 - LONDON

15

Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

26,518 ORDINARY SHARES

16

Date issuer informed of transaction

28 JANUARY 2008

17

Date of grant

N/A

18

Period during which or date on which it can be exercised

N/A

19

Total amount paid (if any) for grant of the option

N/A

20

Description of shares or debentures involved (class and number)

N/A

21

Exercise price (if fixed at time of grant) or indication that the price is to be fixed at the time of exercise

N/A

22

Total number of shares or debentures over which options are held following notification

N/A

23

Any additional information

N/A

24

Name of contact and telephone number for queries

DONAL LYNCH

01 2752809

Name and signature of authorised officer of issuer responsible for making notification

Donal Lynch______________________________________

Date of notification  29 January 2008___________________