21/07/2008

Plan B FUMA of $1.77 billion as at 30 June 2008

Plan B Group Holdings Limited (“Plan B” or the “Company”) wishes to announce that Funds Under Management, Administration or Advice ("FUMA") as at 30 June 2008 was $1.77 billion.

This represents an increase of 1.1% on Plan B’s FUMA position as at 30 June 2007 of $1.75 billion, despite the challenging equity market conditions experienced since that time.

Importantly, Plan B achieved a positive net new inflow of funds in each quarter of the 2008 financial year. During the quarter ended 30 June 2008, total FUMA decreased by 2.2% compared with the position as at 31 March 2008, primarily reflecting the present
market environment.

Plan B’s Managing Director, Mr. Denys Pearce, confirmed the expectation that the Company’s net profit after tax result for FY2008 will be within the guidance range previously advised in the March quarter FUMA announcement.

The composition of Plan B’s FUMA by channel as at 30 June 2008 is diagrammatically presented below: