Statement re Parkeon Realisation

REG - Intermediate Capital - Realisation

19 April 2016

Intermediate Capital Group plc announces realisation

Further to previous announcements of realisations, Intermediate Capital Group plc ("ICG") announces that the investments made by ICG, other members of its group and the ICG European Fund 2006 B (the "Fund") in the Parkeon Group have been realised following the sale of Parkeon. The original investments totalled €104.7m; total proceeds being repaid at the time of exit will be €281.8m, with 45.4% of the proceeds being received by ICG and its group and the remainder received by the Fund. Parkeon is headquartered in France and is a provider of parking and transport management solutions in 40 countries.

ICG's transition to a fund management business model means that only a small number of co-investments of over £50m now remain on ICG's balance sheet. ICG considers that investments below this size are not material to the overall business. ICG will therefore not make further announcements of realisations other than in respect of investments in excess of £50m. A list of ICG's largest investments will be included in a data pack that will be updated every six months and is available on ICG's website at http://www.icgam.com/shareholders/Pages/results-and-presentations.aspx.

Investor Enquiries:
Ian Stanlake
Investor Relations, ICG plc
+44 (0) 20 3201 7880

Media Enquiries:

Helen Gustard
Corporate Communications, ICG plc
+44 (0) 20 3201 7760

Neil Bennett
Maitland
+44 (0) 20 379 5151




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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Intermediate Capital Group plc via GlobeNewswire

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