Holding in Company

Standard Form TR-1

Voting rights attached to shares- Article 12(1) of directive 2004/109/EC
Financial instruments - Article 11(3) of the Commission Directive 2007/14/EC[i]

1.         Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached [ii]: IFG Group plc

2.         Reason for the notification (please tick the appropriate box or boxes):

[ X]    an acquisition or disposal of voting rights

[ ]      an acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

[ ]      an event changing the breakdown of voting rights

3.         Full name of person(s) subject to the notification obligation[iii]:

Fiordland Investment Limited Partnership

4.         Full name of shareholder(s) (if different from 3.)[iv]:

            Fiordland Investment Limited Partnership

5.         Date of the transaction and date on which the threshold is crossed or reached[v]:

10 March 2010

6.         Date on which issuer notified;

            12 March 2010

7.         Threshold(s) that is/are crossed or reached:

48,263,932 New Ordinary Shares were issued in IFG Group plc pursuant to an Open Offer and Placing were Admitted to Listing on 10 March 2010. The new issued share capital of IFG Group plc is represented by 123,341,160 Ordinary Shares.

Fiordland Investment Limited Partnership holds 21,215,042 Ordinary Shares representing 17.20% of the issued capital.

8.         Notified details:

 1.    

1.     1.    1.    

9.         Chain of controlled undertakings through which the voting rights and/or the financial instrumentsare effectively held, if applicable[xvii]:

N/A

10.       In case of proxy voting:[name of the proxy holder] will cease to hold [number] voting rights as of [date].

N/A

11.       Additional information:

Done at Guernsey on 12 March 2010