IBG Internet Bus.

RNS Number:3023V
Internet Business Group
23 April 2007

                                        
                          Internet Business Group plc
                                        
                            ("IBG" or the "Company")
                                        
                                Strategic Review


IBG would like to inform shareholders that, following several years of sustained
sales and earnings growth, the Board has decided to undertake a strategic
review. The Board is working in conjunction with its retained Nominated Advisor
and Broker, Altium, in considering strategic options to maximise shareholder
value, including the possible sale of the Company.

The Board is pleased to confirm that trading is in line with current management
expectations.

The strategic review is at an extremely early stage and no assurance can be made
that an offer for the Company will be forthcoming. Accordingly, there is no
requirement for shareholders to take any action at this stage and your Board
intends to keep shareholders informed of the outcome of the strategic review in
due course.

IBG currently has 76,990,800 ordinary 1p shares in issue (ISIN - GB0003754073).

Dealing Disclosure Requirements

Under the provisions of Rule 8.3 of the Takeover Code, if any person is, or
becomes, 'interested' (directly or indirectly) in 1 per cent. or more of any
class of 'relevant securities' of IBG, all 'dealings' in any 'relevant
securities' of that company (including by means of an option in respect of, or a
derivative referenced to, any such 'relevant securities') must be publicly
disclosed by no later than 3.30pm (London time) on the London business day
following the date of the relevant transaction. This requirement will continue
until the date on which any offer becomes, or is declared, unconditional as to
acceptances, lapses or is otherwise withdrawn or on which the 'offer period'
otherwise ends. If two or more persons act together pursuant to an agreement or
understanding, whether formal or informal, to acquire an 'interest' in 'relevant
securities' of IBG, they will be deemed to be a single person for the purpose of
Rule 8.3.

Under the provisions of Rule 8.1 of the Takeover Code, all 'dealings' in
'relevant securities' of IBG by IBG or any of its 'associates' must be disclosed
by no later than 12.00 noon (London time) on the London business day following
the date of the relevant transaction.

A disclosure table, giving details of the companies in whose 'relevant
securities' 'dealings' should be disclosed, and the number of such securities in
issue, can be found on the Takeover Panel's website at
www.thetakeoverpanel.org.uk

'Interests in securities' arise, in summary, when a person has long economic
exposure, whether conditional or absolute, to changes in the price of
securities. In particular, a person will be treated as having an 'interest' by
virtue of the ownership or control of securities, or by virtue of any option in
respect of, or derivative referenced to, securities.

Terms in quotation marks are defined in the Takeover Code, which can also be
found on the Panel's website. If you are in any doubt as to whether or not you
are required to disclose a 'dealing' under Rule 8, you should consult the
Takeover Panel.


Enquiries:

Internet Business Group plc                                      07967 039 693
Maziar Darvish, CEO

Altium                                                           0161 831 9133
Mike Fletcher/Steven Whitehead

Notes to Editors:

IBG's performance advertising business trades as AffiliateFuture and its best
known e-commerce operation is Sweatband.com. IBG's core skills are in the areas
of Internet technology, online marketing and design.




                      This information is provided by RNS
            The company news service from the London Stock Exchange

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