New fund

Impax Group PLC 22 February 2002 New fund raises £50 million The Company is pleased to announce that the placing by Impax Environmental Markets plc, a new investment fund managed by Impax Asset Management Limited, has raised £50 million from a broad range of institutions and other investors. Shares in Impax Environmental Markets plc were admitted to the Official List earlier today and began trading on the London Stock Exchange this morning. 22 February 2002 Enquiries: Ian Simm, Director Tel: 020 7434 1122 Impax Group plc This information is provided by RNS The company news service from the London Stock Exchange