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ICG To Announce Third Quarter Results Thursday, November 1st Before Market Opens

ICG Group, Inc. (NASDAQ:ICGE) (“ICG”) will release the financial results for its third quarter ended September 30, 2012 on Thursday, November 1, 2012, before the market opens.

The Company will host a conference call to discuss the third quarter results on Thursday, November 1, 2012 at 10:00 a.m. ET. Participating on the conference call will be Walter Buckley, ICG’s chief executive officer, and Kirk Morgan, chief financial officer of the Company. The dial-in number for the call is 866-203-2528 or 617-213-8847. The participant pass code for either dial-in is 66341339.

The Company will also host a live web cast for the call with an accompanying slide presentation. To access the web cast, go to the ICG web site at www.icg.com and click on the investor information tab, then go to the presentations and events page and click on the third quarter conference call. Participants can also go directly to third quarter information by clicking the “Q3” button on ICG’s home page. Please log on to the web site approximately ten minutes prior to the call to register and download and install any necessary audio software.

In an effort to address specific areas of interest, participants are encouraged to submit questions to the ICG Investor Relations department at ir@icg.com prior to November 1, 2012. Every attempt will be made to respond to all questions either during the question and answer portion of the call or shortly thereafter.

If you are unable to access the web site but would like a copy of the slide presentation sent to you after the call, please contact ICG’s Investor Relations Department at 610-727-6900.

For those unable to participate in the conference call, a replay will be available beginning November 1, 2012 at 12:00 p.m. ET until November 8, 2012 at 11:59 p.m. ET. To access the replay, dial 888-286-8010 or 617-801-6888. The pass code is 79355251. The replay and slide presentation can also be accessed on the ICG web site at www.icg.com/investors/events-and-presentations/.

About ICG Group, Inc.

ICG Group, Inc. (NASDAQ:ICGE) identifies, capitalizes and grows companies in the cloud-based software and services sectors. These companies transform the way business is done by enabling enterprises to increase efficiencies and improve and automate critical processes. ICG leverages its unique expertise to carefully identify companies based on their potential to become market-changers and market-leaders. ICG is focused on building profitable businesses in these sectors by infusing them with management expertise, strategic and operational guidance, as well as growth capital.

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