Result of Rights Issue

Intermediate Capital Group PLC
06 February 2008



NOT FOR RELEASE, DISTRIBUTION OR TRANSMISSION, DIRECTLY OR INDIRECTLY, IN OR
INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA



Wednesday, 6 February 2008


            Intermediate Capital Group PLC - Result of Rights Issue

          96% take up of Intermediate Capital Group PLC Rights Issue.

Intermediate Capital Group PLC ('ICG') today announces that it has received
valid acceptances in respect of 15,026,335 New Ordinary Shares, representing
approximately 96% of the total number of New Ordinary Shares offered to
shareholders pursuant to the 2 for 9 rights issue announced by ICG on 10 January
2008 (the 'Rights Issue'). A total of 15,669,382 New Ordinary Shares were
offered to shareholders in the Rights Issue, which closed at 11:00am today.

The Rights Issue was fully underwritten by J.P. Morgan Securities Ltd. on behalf
of JPMorgan Cazenove Limited.

In accordance with the arrangements set out in Part III of the Rights Issue
prospectus dated 11 January 2008 (the 'Prospectus'), JPMorgan Cazenove Limited
will be seeking subscribers for the remaining 643,047 New Ordinary Shares, for
which valid acceptances were not received.

The net proceeds from the sale of these New Ordinary Shares, after the deduction
of the issue price of 1,150 pence per New Ordinary Share and relevant costs
will, save for amounts of less than £5, be paid to shareholders who have not
taken up their entitlements, pro rata to their lapsed provisional allotments.

Definitions used in the Prospectus shall have the same meanings when used in
this announcement, unless the context requires otherwise.


Contacts:

Intermediate Capital Group PLC
Tel: [phone]
Tom Attwood, Managing Director
Philip Keller, Finance Director
Jean-Christophe Rey, Investor Relations

Brunswick Group Limited - PR Adviser
Tel: [phone]
Helen Barnes
Teresa Bianchi

JPMorgan Cazenove Limited - Financial Adviser, Broker and Bookrunner
Tel: [phone]
Christopher Smith
Jonathan Wilcox
Mike Collar

Numis Securities Limited - Joint Lead Manager
Tel: [phone]
Christopher J Wilkinson
Stuart Skinner


This announcement does not constitute, or form part of an offer to sell, or the
solicitation of an offer to subscribe for or buy, any New Ordinary Shares. Any
decision to invest in the New Ordinary Shares should only be made on the basis
of information in the Prospectus which contains further details relating to ICG
in general as well as a summary of the risk factors to which an investment in
the New Ordinary Shares is subject. The Prospectus relating to the Rights Issue
was issued on 11 January 2008.

None of the New Ordinary Shares have been or will be registered under the United
States Securities Act 1933, as amended, or under the applicable securities laws
of any state of the United States or under the securities laws of Canada, Japan,
Australia or the Republic of South Africa. Accordingly, the New Ordinary Shares
may not be offered, sold, taken up, renounced or delivered, directly or
indirectly, within the United States, Canada, Japan, Australia or the Republic
of South Africa or in any country, territory or possession where to do so may
contravene local securities laws or regulations.

JPMorgan Cazenove Limited ('JPMorgan Cazenove') which is authorised and
regulated in the UK by the Financial Services Authority is acting exclusively as
financial adviser, broker and bookrunner to the Company in connection with the
Rights Issue and not for any other person and will not be responsible to any
other person for providing the protections afforded to customers of JPMorgan
Cazenove, or for providing advice in relation to the Rights Issue, the contents
of this announcement and the accompanying documents or any arrangements referred
to therein.

J.P. Morgan Securities Ltd, which is authorised and regulated in the UK by the
Financial Services Authority is acting exclusively as underwriter to the Company
in connection with the Rights Issue and not for any other person and will not be
responsible to any person for providing the protections afforded to customers of
J.P.Morgan Securities Ltd, or for providing advice in relation to the Rights
Issue, the contents of this announcement and the accompanying documents or any
arrangements referred to therein.

Numis Securities Limited which is authorised and regulated in the UK by the
Financial Services Authority is acting exclusively as joint lead manager to the
Company in connection with the Rights Issue and not for any other person and
will not be responsible to any other person for providing the protections
afforded to customers of Numis Securities Limited, or for providing advice in
relation to the Rights Issue, the contents of this announcement and the
accompanying documents or any arrangements referred to therein.

The release, publication or distribution of this announcement in certain
jurisdictions may be restricted by law and therefore persons in such
jurisdictions into which this announcement is released, published or distributed
should inform themselves about and observe such restrictions.

Prices and values of, and income from, Ordinary Shares may go down as well as up
and an investor may not get back the amount invested. It should be noted that
past performance is no guide to future performance. Persons needing advice
should consult an independent financial adviser.


                      This information is provided by RNS
            The company news service from the London Stock Exchange