Chairman's AGM Statement

Intermediate Capital Group PLC 15 May 2000 INTERMEDIATE CAPITAL GROUP PLC AGM STATEMENT At Intermediate Capital Group's AGM today Murray Stuart, the Chairman, made the following statement: 'We have had an exceptionally strong start to the current financial year. Levels of new lending have been particularly high with over £110m invested in ten companies to date on our Balance Sheet. While the level of repayments have also been high we believe the prospects for loan book growth are good. In the first three months of the year we have achieved unusually high levels of capital gains which to date amount to in excess of £40m. Shareholders will be aware that the timing and quantum of capital gains is both irregular and unpredictable and we cannot expect capital gains to continue at anything like this level in the remainder of the year. Following such an excellent start we look forward with confidence to the rest of the year.' Enquiries: Tom Bartlam, Managing Director, Intermediate Capital Group PLC (020) 7628 9898 Gill Ackers/ Simon Sporborg, Brunswick Group Limited (020) 7404 5959
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