Interim Management Statement

IG Group Holdings plc 07 September 2007 7 September 2007 IG GROUP HOLDINGS PLC Interim Management Statement IG Group Holdings plc ('IG' or 'the Group') issues the Group's first Interim Management Statement in accordance with the new EU Transparency Directive and revised UK Listing Rules. Unless otherwise stated, trends and figures highlighted below refer to the three months ended 31 August 2007 and the corresponding period last year. Group revenue for the quarter was in excess of £40m, compared to approximately £25m in the corresponding quarter the prior year, an increase of over 60%. The Group's financial business benefited from high levels of equity market volatility, particularly in July and August. Volatility is an important short-term driver of client activity and as a result the Group has achieved strong growth across its financial business with revenue approximately 70% higher than in the equivalent period of the prior year. While this performance is encouraging, it has benefited from the prolonged market volatility during the period. It remains impossible to predict future trends in volatility or customer reaction to any changing market conditions. As previously reported, during July the Group released its new financial dealing platform, PureDeal, and also extended its TradeSense client education programme to cover its Australian CFD business. Both of these initiatives have been very well received by clients. The Group is well advanced in its plans to roll these initiatives out across the remainder of its financial business. The strong momentum seen at the end of the last financial year in relation to the number of financial accounts opened, which the Group considers a key lead indicator, has continued into this financial year. The Group's sports business continues to make good progress, achieving revenue growth of approximately 15%, against a challenging comparative period which included the benefit of the football world cup. As previously reported, the Group expects to open new offices in France and Spain in the second quarter of the financial year. The Group has had a stronger start to the financial year than it had expected, largely as a result of market conditions. The board remains confident in the prospects for the full year. For further information please contact: IG Group 020 7896 0011 Tim Howkins, Chief Executive Steve Clutton, Finance Director Financial Dynamics 020 7269 7200 Robert Bailhache Nick Henderson This information is provided by RNS The company news service from the London Stock Exchange
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