IRF European Finance Investments Ltd

2 January 2009

 

IRF European Finance Investments Ltd

('IRF' or the 'Company')

Proposed move to the Specialist Fund Market of the London Stock Exchange plc

Further to its announcement of 17 December 2008, the Company has today published its prospectus in connection with the proposed admission of its entire issued common shares and all issued warrants to trading on the Specialist Fund Market of the London Stock Exchange plc ('SFM' and 'Admission').

It is expected that Admission will become effective and that dealings in IRF's shares and warrants on the SFM will commence at 8.00 am on 19 January 2009. Trading in the Company's shares and warrants on AIM will be cancelled simultaneously with Admission.

The prospectus will shortly be available on the Company's website www.irf-finance.com.

Enquiries

IRF European Finance Investments Ltd

Angeliki Frangou, Chairperson                                    Tel: +30 (0)210 428 0564

Numis Securities Limited                     

Nick Westlake/Freddie Barnfield, Nomad                     Tel: +44 (0)20 7260 1000

Alex Ham, Corporate Broking                                       Tel: +44 (0)20 7260 1000

About IRF

IRF was formed to invest in the financial services industry throughout Europe with a primary focus on credit institutions and insurance companies in South Eastern Europe. IRF's current strategy is the acquisition of financial institutions having valuations which do not reflect their potential and where marketing and operational efficiencies are possible.