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Tue 18 Mar 2008, 10:59 IPS/IPSA - IPSA - Change in sponsor
IPS
 IPSA                                                                            
IPS/IPSA - IPSA - Change in sponsor                                             
IPSA GROUP PLC                                                                  
(Incorporated and registered in England and Wales)                              
(Registration Number 5496202)                                                   
AIM Share Code:  IPSA & ISIN:  GBOOBOCJ3F01                                     
JSE Share Code:  IPS & ISIN:  GBOOBOCJ3F01                                      
("IPSA" or "the company")                                                       
CHANGE IN sponsor                                                               
Shareholders are advised that IPSA has appointed PSG Capital (Proprietary)      
Limited as sponsor to the company in respect of its listing on the Alternative  
Exchange of the JSE Limited with effect from 17 March 2008.  Noble & Company    
Limited will remain the Company`s Nominated Adviser in respect of its listing on
the AIM market of the London Stock Exchange Plc.                                
For further information contact:                                                
Peter Earl, CEO, IPSA Group PLC                        +44 (0) 20 7793 5600     
Elizabeth Shaw, COO, IPSA Group PLC                    +44 (0) 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 (South Africa) +2711 797 8438      
(Sponsor)                                                                       
Johannesburg                                                                    
18 March 2008                                                                   
Sponsor                                                                         
PSG Capital (Pty) Ltd                                                           
Date: 18/03/2008 10:59:47 Produced by the JSE SENS Department.                  
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