ICB Financial Group Holdings AG

Appointment of New Group Chief Executive Officer


Mr Prem Kumar, a Malaysian, age 53, has been appointed Group Chief Executive
Officer of ICB Financial Group Holdings AG with effect from 1st March 2009.

Since 2004 and immediately prior to this appointment, Mr Prem had been Managing
Director and Chief Financial Officer of Bank Internasional Indonesia, and was
based in Jakarta.

Mr Prem started his career in 1974 with the HSBC Group in Malaysia. During the
course of his career, Mr Prem served HSBC Asia Pacific in Hong Kong, Bangkok,
New Zealand and Indonesia and he has worked extensively in planning, directing
and controlling all aspects of banking, operations, financial accounting,
business and information technology in international markets.

Mr Prem graduated from Asia Pacific Institute - New Zealand, he holds a Masters
in International Management and is an Associate of the Australian Institute of
Bankers. Mr Prem is married with two children. His hobbies include golf and
badminton.

This announcement is dated 27 February 2009

The Company's AIM nominated adviser is RFC Corporate Finance Ltd. Contact
Stephen Allen or Trinity McIntyre on +61894802500.