IBS Group to Present at the Credit AgricoleCheuvreux German Corporate Conference 2012

RAMSEY, Isle of Man, January 16, 2012 /PRNewswire/ --

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

Anatoly Karachinsky, President of IBS Group, will present a Company overview followed by the Q&A session. Investors and analysts who are 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 AgricoleCheuvreux 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.

For more information about IBS Group please visit http://www.ibsgr.com or contact

Investor Relations:

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

SOURCE IBS Group Holding Ltd