(ICB.L) ICB Financial Group Holdings AG Buy/Sell

ICB Financial Group Holdings AG Resignation of Chief Executive Officer

ICB Financial Group Holdings AG ("ICB") advises that its chief executive officer, Mr Prem Kumar, has resigned from the company.

The company has commenced an executive search process for a suitable replacement and in the interim is being managed by a committee of general managers under the overall supervision of the chairman of the board of directors, Michael Hanlon.

This announcement is dated 31 July 2009

The Company's AIM nominated adviser is RFC Corporate Finance Ltd. Contact Stephen Allen or Trinity McIntyre on +61894802500.

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