Annual Report and Accounts

The Board of IPSA announces that the annual report and accounts for the year ended 30 September 2007 are today being posted to its shareholders.

Download PDF of Annual Report
Download PDF of AGM Notice

Copies of the report and accounts will be available, free of charge, for a period of one month from the date of this announcement from the registered office of the Company and from the Company's Nominated Adviser and Joint Broker, Noble & Company Limited, 5th floor, 120 Old Broad Street, London, EC2N 1AR. The report and accounts are also available at the Company's website: www.ipsagroup.co.uk in accordance with rule 26 of the AIM Rules for Companies.

For further information please contact:

Peter Earl, CEO, IPSA Group PLC
+44 20 7793 5600

Nick Naylor / Jamie Boyd, Noble & Company Limited
+44 (0) 20 7763 2200
(Nominated Adviser and Joint Broker)

Sean Lunn, Hichens, Harrison (South Africa) Ltd
+2721 950 2711
(Joint Broker)

Allan Piper, First City Financial
+44 (0) 20 7242 2666
(UK Public Relations Advisers)

Jacques de Bie, College Hill (South Africa)
+2711 447 3030
(South African Public Relations Advisers)

Dino Theodorou / Melissa Harris, PSG Capital
+2711 797 8438
(Sponsor in South Africa)