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Update on Provisioning

Impact Holdings (UK)plc                            

('Impact' or 'the Company')                         

                            Update on Provisioning                            

Following the announcement on 31st May 2007 that highlighted the need for the
new management team to provide against a significant portion of the Impact
Funding (UK) Ltd loan book, the Company has actively pursued recourse against
all counterparties in order to maximise the working assets of Impact. 

The Company is pleased to announce that following close liaison with its
professional advisers and the appointment of Administrators to one of the
Company's debtors, it has managed to realise in excess of £400,000 against an
outstanding debt of £1.2 million owed by that debtor. This figure could
increase further, following the completion of the Administration process.

This significant realisation is a positive result which will see the cash
immediately being re-invested into the core business of Impact.

The debt recovery process against other counterparties is ongoing.

Impact will continue to keep the market appraised of any further realisations
of debts that have been provided against.

For further enquiries:

Christopher Williams

Paul Davies

Impact Holdings (UK) plc Tel: 0161 437 9499

Alastair Cade

Daniel Stewart & Company plc Tel: 020 7776 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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