Interim Management Statement

3i Group PLC
24 January 2008



3i Group plc - Interim Management Statement



24 January 2008

3i Group plc ('3i'), a world leader in private equity and venture capital, today
issues its Interim Management Statement in accordance with FSA Disclosure and
Transparency Rule 4.3. This statement relates to the three month period from 30
September 2007 to 31 December 2007.

Philip Yea, 3i's Chief Executive, said: 'Our mid-market position and the depth
of our international network have allowed us to continue to source good
investment opportunities notwithstanding the more difficult economic outlook. As
expected, realisations have slowed since the first quarter of this financial
year, reflecting both the underlying maturity of the portfolio and, in some
markets, less certain conditions.'

He added: 'The broad spread of 3i's asset classes and geographies, the quality
of our network, and the strength of our financial position, enable us to face
these more uncertain economic and market conditions from a position of
confidence.'



1.  Investment and realisations

    3i invested £544 million during the quarter, bringing the total invested in the nine months to 31 December 2007 to
    £1,778 million. Investment for the equivalent nine month period last year was £1,125 million. In addition, £471
    million (2006: £133 million) was invested on behalf of co-investment funds managed by 3i.



    Investment by business line was as follows:



    Investment £m
                             Quarter ended    Quarter ended    Quarter ended      9 months to   9 months to
                                   30 June     30 September      31 December      31 December   31 December
                                      2007             2007             2007     2007 (Total)  2006 (Total)

    Buyouts                            107              329              208              644           277
    Growth Capital                     271              222              245              738           396
    Venture Capital                     31               34               60              125           153
    Infrastructure                       -               58               25               83           284
    QPE                                182                -                -              182            14
    SMI                                  -                -                6                6             1

    Total                              591              643              544            1,778         1,125


    Realisation proceeds received by 3i (excluding co-investment funds) were £429 million for the third quarter,
    bringing realisation proceeds to £1,473 million for the nine months to 31 December 2007 (2006: £1,470 million).




    Realisations by business line were as follows:



    Realisations £m
                             Quarter ended    Quarter ended    Quarter ended      9 months to  9 months to
                                   30 June     30 September      31 December      31 December  31 December
                                      2007             2007             2007     2007 (Total) 2006 (Total)

    Buyouts                            256              284              290              830          771
    Growth Capital                     231               42               85              358          479
    Venture Capital                     84               27               30              141           61
    Infrastructure                       -               32                -               32            8
    QPE                                  2               15                -               17            -
    SMI                                 32               39               24               95          151

    Total                              605              439              429            1,473        1,470


    Investments and realisations made during the period by 3i Infrastructure Limited and 3i Quoted Private Equity
    Limited are not included.

2.  Returns

    Realisations for the three month period have been achieved at aggregate uplifts over 31 March 2007 carrying values
    at similar levels with those achieved in the half year to 30 September 2007 (48%).

    As usual, an important element in the determination of 3i's results for the full year to 31 March 2008 will be the
    detailed valuation exercise carried out on its investment portfolio as at that date.


3.  India infrastructure

    In September 2007, 3i announced the first close of the 3i India Infrastructure Fund at $500 million. The Fund,
    which is the first to be established in the framework of the strategic partnership agreement announced by 3i and
    the India Infrastructure Finance Company Limited, has a target size of $1.0 billion and expects to announce a
    final close by the end of March 2008.


4.  Balance sheet

    The Group's gearing as at 31 December 2007 was largely unchanged from 30 September 2007.

    3i Group plc had 386,502,922 issued ordinary shares admitted to trading on a regulated or prescribed market as at
    31 December 2007.




Ends



For information please contact:


Simon Ball          Finance Director, 3i Group plc                           020 7975 3356

Patrick Dunne       Group Communications Director, 3i Group plc              020 7975 3283

Philip Gawith       Maitland                                                 020 7379 5151



This statement aims to give an indication of material events and transactions
that have taken place during the period from 30 September 2007 to 31 December
2007 and their impact on the financial position of 3i Group plc. These
indications reflect the Board's current view. They are subject to a number of
risks and uncertainties and could change. Factors which could cause or
contribute to such differences include, but are not limited to, general economic
and market conditions and specific factors affecting the financial prospects or
performance of individual investments within 3i's portfolio.



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