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Intermediate Capital Group plc: Intermediate Capital Group plc Announces Realisation



   Intermediate Capital Group plc: Intermediate Capital Group plc Announces
                                 Realisation

REG - Intermediate Capital - Realisation

25 October 2013

Intermediate Capital Group plc announces realisation

Further to prior announcements of realisations, Intermediate Capital Group plc
("ICG") announces that the  mezzanine investments made by  ICG and members  of 
its group and the ICG European Fund  2006 (the "Fund") in Ethypharm have  been 
realised. The original investments were  €55m; total proceeds received at  the 
time of exit were €86.05m, with 60% of the proceeds being received by ICG  and 
the remainder  received by  the  Fund. In  addition, Ethypharm  has  partially 
repaid its convertible bonds. Total proceeds received as a result of this bond
repayment amounted to €5.4m,  with 60% of the  proceeds being received by  ICG 
and the remainder  received by  the Fund.  ICG continues  to hold  convertible 
bonds and an equity stake following the realisation. Ethypharm is the  leading 
European player in the development  and manufacturing of specific  value-added 
drug delivery systems

ICG will continue to make the market aware of significant realisations.

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

Media Enquiries:

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

Neil Bennett
Maitland
+44 (0) 20 379 5151

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This announcement is distributed by Thomson Reuters on behalf of Thomson
Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other
applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of
the
information contained therein.

Source: Intermediate Capital Group plc via Thomson Reuters ONE
HUG#1738218
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