This is the Directors’ Remuneration Report of International Personal Finance plc (‘the Company’) which has been prepared pursuant to, and in accordance with, Section 420 of the Companies Act 2006 (‘the Companies Act’) and Schedule 8 of the Large and Medium-Sized Companies and Groups (Accounts and Reports) Regulations 2008. In accordance with Section 439 of the Companies Act, a resolution to approve this Report will be proposed at the annual general meeting (‘AGM’) of the Company to be held on 11 May 2011.