14/07/2011

Plan B Group Holdings Limited (“Plan B”) is pleased to announce that Funds under Management, Administration or Advice ("FUMA") as at 30 June 2011 was $2.31 billion. This represents an overall increase in FUMA of 12.9% when compared with the position as at 30 June 2010 and an increase of 1.9% from the 31 March 2011 position.

A feature of the performance was the high level of net new fund inflows which exceeded $110 million during the June 2011 quarter. This led to overall increases in the on-platform component of FUMA of 3.8% during the quarter and 15.1% for the full year. The on-platform FUMA of $1.83 billion as at 30 June 2011 represents 79.3% of total FUMA.

This strong result followed the launch of Plan B’s new fund management and investment solution in New Zealand and was achieved despite the poor performance of investment markets during the quarter.

The composition of Plan B’s FUMA as at 30 June 2011 is diagrammatically presented below: