Change of Adviser

Embargoed: 0700hrs, 7 March 2006

                       International Brand Licensing Plc                       

                                (the 'Company')                                

                               Change of Adviser                               

The Company is pleased to announce the appointment of Corporate Synergy Plc as
nominated adviser and broker with immediate effect.

Contact:

Paul Foulger, Finance Director

International Brand Licensing

020 7823 1733

Justin Lewis / Brian Stockbridge

Corporate Synergy Plc

020 7448 4400

Ben Simons

Hansard Communications

Tel. [phone]