IBS Group to Present at the Credit Agricole Cheuvreux German Corporate Conference 2012

Ramsey, Isle of Man, January 13, 2012 - IBS Group Holding Limited (IBSG:GR; IBSGq.DE), a leading IT services provider in Eastern Europe, today announced that the Company is scheduled to attend one-on-ones at the Credit Agricole Cheuvreux German Corporate Conference 2012 in Frankfurt am Main, January 17th -18th, 2012.

Anatoly Karachinsky, President of IBS Group, will present a Company overview followed by the Q&A session. Investors and analysts who interested to attend meetings and address questions directly to the founder of the Company please contact conference organisation team:

Sonja Albert, Angelika Flegler, Marion Frank, Dagmar Moldan, Jeanette Rühl & Markus Tombers

German Corporate Conference Hotline: +49- 69 -47 897 101
gcc@cheuvreux.com

Credit Agricole Cheuvreux S.A. Niederlassung Deutschland
Taunusanlage 14, D-60325 Frankfurt am Main.

About IBS Group

IBS Group is a leading software development and IT services provider in Eastern Europe. Through its two principal subsidiaries, Luxoft and IBS IT Services, it offers a wide variety of information technology services, such as software development, IT outsourcing, business and IT consulting, business applications implementation. IBS Group is headquartered in Russia and has business operations in Russia, Ukraine, Romania, Poland, Germany, Switzerland, the UK, the USA, Canada, Vietnam and Singapore. IBS Group employs more than 8,000 people worldwide. In 2010 financial year, IBS Group reported US GAAP revenues of US$656 million.

IBS Group's Global Depositary Receipts are listed on the Regulated Market (General Standard) at the Frankfurt Stock Exchange (Bloomberg: IBSG:GR; Reuters: IBSGq.DE). IBS Group is majority owned by management, with portfolio investors holding 37% of the Group's share capital.

Investor Relations:

Dmitry Ivanov

Investor Relations Director
tel: +7 (495) 967 8000
fax: +7 (495) 967 8099
cel: +7 (916) 618 4034

dvivanov@ibs.ru

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