IAAC International Assets Holding Corp. (MM)

International Assets Holding Corporation (Nasdaq:IAAC) and its wholly owned subsidiary, FCStone Group, today announced the formation of a cash commodity brokerage service to meet the needs of market participants in a wide variety of agricultural commodities throughout the Latin American region. The service will operate under a newly incorporated company, INTL FCStone SA, based in Buenos Aires.

The new brokerage service will be directed by Jorge Barthes, who has more than 25 years of experience in the cash brokerage business in Argentina, and also has extensive experience in other sectors of the agribusiness industry. Barthes also will be responsible for the recruitment and development of a team of brokers to facilitate transactions.

The Vice President of Latin American Operations for INTL-FCStone, Julian Viso, noted that, "Over the last 15 years, we have maintained an excellent relationship with Jorge, and we are gratified that he will be bringing his market knowledge, experience and leadership to bear on this exciting new initiative."  

About International Assets Holding Corporation

International Assets Holding Corporation (INTL) provides execution and advisory services in commodities, currencies, and international securities. INTL's businesses, which include the commodities advisory and transaction execution firm FCStone Group, serve more than 10,000 commercial customers in more than 100 countries through a network of offices in eleven countries around the world. Further information on INTL is available at www.intlassets.com.

Forward-Looking Statements

This press release may include forward-looking statements regarding, among other things, our plans, strategies and prospects, both business and financial. All statements other than statements of current or historical fact contained in this press release are forward-looking statements. The words "believe," "expect," "anticipate," "should," "plan," "will," "may," "could," "intend," "estimate," "predict," "potential," "continue" or the negative of these terms and similar expressions, as they relate to International Assets Holding Corporation and FCStone Group, Inc., are intended to identify forward-looking statements.

We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs. They can be affected by inaccurate assumptions, including the risks, uncertainties and assumptions described in the Company's filings with the Securities and Exchange Commission. In light of these risks, uncertainties and assumptions, the forward-looking statements in this press release may not occur and actual results could differ materially from those anticipated or implied in the forward-looking statements. When you consider these forward-looking statements, you should keep in mind these risk factors and other cautionary statements in this press release.

Our forward-looking statements speak only as of the date of this press release. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Accordingly, readers are cautioned not to place undue reliance on these forward-looking statements.

CONTACT:  INTL-FCStone Group, Inc.

          Julian J. Viso, Vice President, Latin American Operations

          (816) 410-3282

          Julianv@FCStone.com