09/04/2009

Plan B FUMA of $1.73 billion as at 31 March 2009

Plan B Group Holdings Limited (“Plan B” or the “Company”) wishes to announce that Funds under Management, Administration or Advice ("FUMA") as at 31 March 2009 was $1.73 billion. This represents an overall increase in FUMA of 18.2% compared with the position as at 31 December 2008.

The increase was primarily due to the acquisition of Strategic Financial Management Pty Limited (“Strategic”) during the quarter. The Strategic acquisition was also the main driver of Funds under Advice (“FUA”) held outside of Plan B’s platforms increasing from $0.09 billion or 6.1% of total FUMA at 31 December 2008 to $0.43 billion or 25.1% at 31 March 2009.

FUMA held on Plan B’s platforms represented 74.9% of total FUMA as at 31 March 2009. The on-platform FUMA amount of $1.29 billion was a 5.4% reduction compared with the position at 31 December 2008, mainly as a result of the further decline in world investment markets during the quarter. Fund inflows on to the Plan B platforms from Strategic have started and are expected to accelerate over the next 12 months.

The composition of Plan B’s FUMA as at 31 March 2009 is diagrammatically presented below: