New Finance Director

Intermediate Capital Group PLC
25 April 2006


25 APRIL 2006


           INTERMEDIATE CAPITAL GROUP APPOINTS NEW FINANCE DIRECTOR


The Board of Intermediate Capital Group PLC, Europe's leading independent
provider of mezzanine finance, announces the appointment of Philip Keller as an
executive member of the Board, he will assume the role of Finance Director.

Philip will join ICG in September, prior to the retirement of John Curtis, Chief
Financial Officer. Philip's effective date of appointment to the Board will be
announced thereafter.


Philip, aged 40 is a member of the Institute of Chartered Accountants in England
and Wales, and has been Finance Director at ERM Holdings Ltd since July 2000.
ERM* is one of the largest environmental consultancies in the world employing
3,000 people globally. Philip began his career with Arthur Andersen & Co in
1987, subsequently he worked for Glaxo Wellcome PLC where he held a variety of
financial directorships. Prior to joining ERM Philip worked for Johnson and
Johnson as Finance Director of their UK pharmaceutical business before becoming
European M&A Director in 1999.


Commenting on today's announcement, John Manser, Chairman of ICG, commented;


'We are pleased that Philip is joining ICG. He brings a wealth of experience of
financial management, business management and strategic planning and will be a
strong addition to our current executive team.


'We would also like to thank John Curtis for his excellent contribution to ICG
since he joined the Company on its foundation in 1989. We offer John our best
very wishes for his retirement later this year.'


* In 2001 ERM undertook a leveraged buyout backed by 3i which valued the company
at $240m, which brought all of the 33 operating companies around the world under
a single holding company and management structure. In December 2005 the group
undertook a secondary buyout replacing 3i with Bridgepoint which valued the
Group at $535m.


Enquiries:
Tom Attwood, Managing Director, Intermediate Capital Group PLC [phone]
Gill Ackers/Helen Barnes, Brunswick Group LLP                  [phone]




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