Approval of Banking License in Laos

    ICB Financial Group Holdings AG

Approval of Banking License in Laos

ICB Financial Group Holdings AG is pleased to announce that it has received
approval of a license from the Central Bank of the Lao PDR to establish a bank
to be known as International Commercial Bank Lao Limited ("ICB Lao") in Laos.
The official opening ceremony would be held on 8 October 2008.

The establishment of ICB Lao is in line with the Group's plan to expand its
banking network in Asia where it already has a presence in Indonesia and
Bangladesh.

6 October 2008

The Company's AIM nominated adviser is RFC Corporate Finance Ltd. Contact
Stephen Allen or Damien Kelly on +61894802500.



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