Open letter to clients - January 2010

Dear Clients,

I am pleased to inform you that Intermediate Capital Group (ICG), a leading independent investment firm, is taking a significant minority stake in CPA Global alongside our founding shareholders with effect from today.

We are delighted to welcome ICG as investors because we believe they are the right partner, at the right time and with the right investment approach. With ICG as our partner, we will be able to make additional investment in improving the quality of service we provide to clients and the breadth of products and services we offer – both in our IP management and software businesses as well as our broader legal services outsourcing business. This will enable us to serve you better, respond faster to your needs and support your business more effectively.

ICG are hugely supportive of our strategy for CPA Global, and are keen to ensure continuity across the business and in the day-to-day management and operations of the company.

Established in 1989, ICG is a FTSE 250-listed investment firm with £10bn of funds under management and a track record of long-term investment. ICG invests in a wide range of opportunities in Europe, Asia Pacific and North America, and has considerable experience of investing in business services companies like CPA Global.

This is an exciting time for CPA Global and I am greatly looking forward to working in partnership with ICG to drive the company forward to even higher levels of performance and achievement for our clients.

Best wishes,

Peter Sewell

Chief Executive Officer

29 January 2010