MCB Finance Group plc : Related party clarification

31 January 2012

MCB Finance Group plc (AIM: MCRB.L) ("MCB" or the "Group") has a banking relationship with Rietumu Banka AS ("Rietumu") whereby Rietumu provides a €17 million revolving credit facility to MCB. The relationship between the Company and Rietumu is long standing, the banking facility having been in place with Rietumu since September 2007. The facility is renewable annually by agreement between MCB and Rietumu on 31 March each year and carries a coupon of 13 per cent. In addition Rietumu has an option to purchase 724,760 shares in the company at a strike price of 45p, expiring 31 March 2012.

Rietumu is a related party under the AIM Rules because IIU Nominees Limited ("IIU") has since February 2008 owned 1,856,521 ordinary shares in the Company, comprising 11.1 per cent of its issued share capital (9.5 per cent on a fully-diluted basis) and IIU is controlled by Mr. Dermot Desmond, who through Boswell (international) Consulting Limited also owns a 33.1 per cent. shareholding in Rietumu. Rietumu is not a related party under IFRS reporting rules and was not a related party when the banking facility was originally established.

The directors of MCB consider, having consulted with the Company's nominated adviser, Merchant Securities Limited, that the terms of the loan are fair and reasonable insofar as the shareholders in MCB are concerned.

Further information:

MCB Finance Group Plc:	www.mcbfinance.com
Rami Ryhänen	[phone]
Henry Nilert, Chief Financial Officer	[phone]
Nominated adviser and broker:
Merchant Securities Limited:
Lindsay Mair / Virginia Bull	[phone]