The owners of Industriefinancierungs- und Export- Beratungsgesellschaft m.b.H. (IFB Global) and Berry Palmer & Lyle Limited (BPL Global) today announce that terms have been agreed for the sale of IFB Global’s international insurance broking business to BPL Global.

The servicing of IFB Global’s current policies will be provided by BPL Global and any new enquiries should be addressed to BPL Global.

Both parties are confident that IFB Global’s clients will continue to be efficiently and professionally looked after by BPL Global, as they have been since Dr Ursula Vogtenhuber’s untimely death in September 2008.

London and Vienna, 29th May 2009

For further information contact Oliver Wright: