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Trading Update

8 February 2007

                              Impact Holdings plc                             

                                Trading Update                                

                          Purchase of loan portfolio                          

Impact is delighted to report that it has agreed to buy for £1.55m a portfolio
of solicitor disbursement funding with a current value of £1.86m and yielding
18.4%. As part of this transaction the Manchester Building Society has extended
to Impact a £10m revolving credit facility. The transaction will require no
equity from Impact but the Company has agreed to provide the Manchester
Building Society with 2,000,000 options, these are exercisable within four
years at a price of 10p per share.

This funding commitment from the Manchester Building Society follows the
announcement of 1 February 2007 that Impact had received indicative offers for
facilities of up to £23m. Success in securing those facilities will enable the
Company to grow its loan book to in excess of £45m.

Paul Davies, Chief Executive, said 'We are delighted by the Manchester Building
Society's decision to offer us this facility. We can see a huge demand for
specialist loans and this funding will help us capitalise on that demand'.

Impact Holdings plc

Paul Davies

0161 437 9499

Daniel Stewart & Co.

Alastair Cade/Chloe Ponsonby

0207 776 6550

END

Last 5 announcements

19/08/2010	Notice of AGM
02/07/2010	Preliminary results for the year ended 31 March 2010
01/04/2010	Grant of Options
19/02/2010	NOTIFICATION OF MAJOR INTERESTS IN SHARES
06/01/2010	Issue of Equity/Total Voting Rights

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