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Impax continues to grow with two new appointments

London: November 20th, 2008

Impax Group plc (“Impax”), the specialist environmental investment company has announced the appointments of Victor Juttmann and Caroline Barraclough as Investment Manager and Marketing Manager, respectively.
Victor joins Impax's private equity team and will be responsible for commercial, legal and tax work related to the growing solar and wind energy portfolio of Impax New Energy Investors. He will focus on executing and structuring new investments and managing the existing portfolio.

Victor has five years experience advising on private equity, M&A and finance deals. Prior to joining Impax he worked as a tax lawyer at De Brauw Blackstone Westbroek where he designed and implemented tax efficient investment structures and management incentive schemes for US and European private equity funds. He started his career at Freshfields Bruckhaus where he specialised in structured finance and international corporate income tax. Victor holds degrees in Dutch Commercial law and Tax law from Leiden University and an MBA from IESE Business School.

Caroline will focus on coordinating the marketing strategy for Impax's listed equity funds, including the IFSL Impax Environmental Leaders Fund.

Caroline has worked in the environmental investment sector since 2005. She was formerly Investor Communications Manager at Carbon International, the environmental communications and fundraising consultancy. Caroline organised investor roadshows and produced market research documents for clients including the London Stock Exchange. She holds a Geography degree from Oxford University.

Ian Simm, CEO of Impax said: “I welcome Victor and Caroline to the team. Their combined experience will be valuable to Impax's marketing and business development as well as maintaining our lead as the UK's most experienced environmental investor.”

“Despite the economic slowdown, 2009 is shaping up to be a crucial year for global environmental policy which should encourage further investment in the sector. Strong legislative drivers coupled with a diversified focus continue to influence Impax's investment approach, ensuring investors gain good exposure to long term secular growth.”

About Impax Group plc

Impax Group plc (“Impax”), which is quoted on the Alternative Investment Market of the London Stock Exchange, was founded in 1994 as a specialist finance house focusing on the markets for cleaner or more efficient delivery of basic services of energy, water and waste.

Impax's dedicated team of professionals, with many years of experience in the financial and environmental sectors, is ideally placed to understand and take advantage of the investment opportunities arising from the fast growing environmental markets. Impax Asset Management (the trading entity of Impax Group) manages assets for institutional and private investors, across a range of listed and private equity funds.

Key facts

Impax has an extensive track record of identifying compelling investment opportunities in the environmental sector.

Impax manages the only “pure-play” environmental investment trust in the FTSE All Share Index.

Impax has a team of 30 investment professionals focusing solely on the environmental sector. Impax has been selected to partner FTSE in the development and management of its Environmental Technology Index series.

Impax is a signatory to the UN Principles of Responsible Investment (UNPRI).

For further information please visit: www.impax.co.uk

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