IBG Internet Bus.

RNS Number:7793Y
Internet Business Group
21 June 2007


                           Internet Business Group plc
                            ("IBG" or the "Company")

                          Strategic Review Conclusion
                                      And
                                 Trading Update


Strategic Review

Further to the announcement on the 23rd April 2007 of the commencement of a
strategic review, the Company now formally concludes this process.

During the strategic review period the board have considered several options
available to the business including a potential trade sale. Whilst there have
been indicative expressions of interest from trade acquirers the board have
concluded not to pursue a trade sale. The Company remains committed to a growth
strategy whilst in the short to medium term also exploring a share repurchase
programme.  The board continues to be advised in this regard and will update
shareholders fully regarding its decision on a potential share repurchase
programme when it reports its interim results for the 6 month period ended 30
April 2007.


Trading Update

In advance of the publication of the interim results, the board have reviewed
the trading performance in the current year-to-date. The Company is pleased to
report that trading in the core advertising business remains robust. As reported
in the preliminary results published on 12th February 2007, the majority of
profits are expected to be delivered in the second half of the financial year
and the board expects this to remain the case. However, the board cautions that
both turnover and profits in the second half will potentially be lower than
previously anticipated by the board due to the delayed launch of new advertising
products.

In addition to seeking to create value for shareholders via share-repurchases,
the board have also concluded that over the short and medium term the strategic
focus will be on investing in the operating assets within the Company. This
focus is likely to restrict profit maximisation over the next 24 months,
however, the board believe that this strategic focus will maximise shareholder
value in the medium term.


Enquiries:

Internet Business Group plc
Maziar Darvish, CEO                                               07967 039 693

Altium
Mike Fletcher/Steven Whitehead                                    0161 831 9133

Powerscourt
Matt Ridsdale                                                     07872 601 433


Notes to Editors:

IBG's performance advertising business trades as AffiliateFuture and its best
known e-commerce operation is Sweatband.com. IBG's core skills are in the areas
of Internet technology, online marketing and design.



                      This information is provided by RNS
            The company news service from the London Stock Exchange
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