AUM update and new property investment business

RNS Number : 9165L

Impax Asset Management Group plc

10 July 2014

Impax Asset Management Group plc

AUM update and new property investment business

London, 10 July 2014 - Impax Asset Management Group plc ("Impax" or the "Company"), the AIM quoted investment manager focused on environmental markets and related resource efficiency sectors, today provides a quarterly update of its assets under discretionary and advisory management ("AUM") and the acquisition of a property fund business.

The table below sets out the movements in the Company's AUM over the quarter ending 30 June 2014, when AUM reached £2,757 million. The Company continues to receive strong net inflows into its third party listed equity funds and accounts.

AUM movement 3 months to 30 June 2014	Impax label listed equity funds £m	Third party listed equity funds and accounts £m	Private equity funds £m	Total £m
Total AUM at 31 March 2014	539	1,633	376	2,548
Net inflows	1	217	-	218
Market movement and performance	(3)	6	(12)	(9)
Total AUM at 30 June 2014	537	1,856	364	2,757

Yesterday, the Company has also agreed with Climate Change Capital Ltd ("CCC") the transfer to Impax of CCC's sustainable property fund business, comprising a highly regarded, two person investment team and the management contract for the Climate Change Property Fund, which is expected to complete its divestment activity and wind up during 2015. This transfer is consistent with the Company's on-going assessment of opportunities to establish further asset classes in order to broaden its offering to clients.

- ENDS -

Enquiries:

Ian Simm Tel: + 44 (0) 20 7434 1122 (switchboard)

Chief Executive

Impax Asset Management Group plc

Norfolk House, 31 St James's Square,

London, SW1Y 4JR

www.impaxam.com

Anne Gilding Tel: +44 (0) 20 7434 1122 (switchboard)

Head of Brand Communications Tel: +44 (0) 20 7432 2602 (direct)

Impax Asset Management Group plc Tel: +44 (0) 7881 249612 (mobile)

Norfolk House, 31 St James's Square,