Change of Adviser

International Brand Licensing Plc                       

                                (the "Company")                                

                               Change of Adviser                               

The Company is pleased to announce the appointment of Zeus Capital Limited as
NOMAD and Broker with immediate effect.

Contact:

International Brand Licensing Plc

Paul Foulger

[phone]

Zeus Capital

Ross Andrews

Tom Rowley

Tel: [phone]

Website: www.zeuscapital.co.uk