Wednesday 18 January 2012

Intermediate Capital Group plc announces a significant capital gain

Intermediate  Capital Group plc ("ICG")  announces the sale of  its stake in CPA
Global. The transaction is subject to the approval of a Scheme of Arrangement in
Jersey  and regulatory clearances,  and is expected  to close by  the end of the
first quarter of 2012.


The transaction will generate total proceeds of £387 million for ICG plc and the
funds  advised by ICG. Upon completion ICG  plc will receive total cash proceeds
of  approximately £113 million. The transaction will result in an additional £43
million capital gain for ICG plc, which will be booked in the second half of the
current financial year.


The terms of the transaction are not disclosed.

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Analyst / Investor enquiries:
Christophe Evain, CEO, ICG                        +44 (0) 20 3201 7700
Philip Keller, CFO, ICG                         +44 (0) 20 3201 7700
Jean-Christophe Rey, Investor Relations, ICG                        +44 (0)
20 3201 7768


Media enquiries:
Neil Bennett/Tom Eckersley/Andrea Coleman, Maitland                         +44
(0) 20 379        5151








About ICG
Founded in 1989, ICG is a specialist investment firm and asset manager providing
mezzanine finance, leveraged credit and minority equity, managing ¢‚¬12 billion of
assets  in  proprietary  capital  and  third  party  funds.  ICG has a large and
experienced  investment team  operating from  its head  office in  London with a
strong  local  network  of  offices  in  Paris,  Madrid,  Stockholm,  Frankfurt,
Amsterdam,  Hong Kong, Sydney  and New  York. Its  stock (ticker symbol: ICP) is
listed   on   the   London  Stock  Exchange.  Further  information  is available
at:www.icgplc.com.






This announcement is distributed by Thomson Reuters on behalf of 
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(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
    
Source: Intermediate Capital Group plc via Thomson Reuters ONE

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