ABOUT ILX

ILX Group plc, the AIM quoted business education and training specialist, is pleased to announce that banking facilities totaling £6.0 million have been agreed with Barclays Bank plc.

The new facilities, which are on improved terms to the Company’s current facilities, comprise a £5.0 million amortising term loan, repayable over four years, and a confidential invoice finance facility of £1.0 million.

The facilities will be used to refinance £2.2 million of existing debts and will also be applied to pay in cash the remaining £1.0 million balance on the first earn-out payment due to the vendors of the Corporate Training Group (“CTG”).

The balance of the facilities are available to finance the final CTG earn-out payment, which the Board expects to be earned in full and becomes payable on 30 June 2008 by way of £1.0 million in cash and £1.5 million in cash or new ordinary shares at the Company’s option, and to fund future growth of the business.

Ken Scott, Chief Executive of ILX Group commented:
“The Board is very pleased with our new banker’s support of ILX Group and this improved facility is a demonstrable measure of confidence in the company’s future prospects”.

Lee Everson, Relationship Director, Barclays Commercial Bank said:
"ILX Group is a market leading business with a proven management team. Their potential for growth is undoubtedly strong and we are therefore delighted to be supporting them with their plans."

ILX Group plc	Adventis Financial PR	Charles Stanley Securities Nominated Adviser
K Scott / J Pickles Tel: 020 7751 7100 www.ilxgroup.com	Tarquin Edwards / Chris Steele Tel: 020 7034 4758/4759	Philip Davies / Carl Holmes Tel: 020 7149 6000