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Reverse Takeover Document


IRF European Fin Investments Ltd
12 June 2006

12 June 2006



IRF European Finance Investments Ltd.
('IRF' or the 'Company')

Posting of Reverse Takeover Document



IRF (AIM: IRF) is pleased to announce that it has posted its reverse takeover
document in connection with the acquisition of between 28 per cent. and 30 per
cent. of the issued share capital of Proton Investment Bank SA ('Proton'). The
Special General Meeting of the Company to approve the proposed acquisition will
be held at the Company's offices at Canon's Court, 22 Victoria Street, Hamilton,
HM12 Bermuda at 9.00am, Bermuda Time, on 27 June 2006.

The Company's ordinary shares (AIM: IRF) and warrants (AIM: IRFW) will resume
trading concurrently with this announcement.





Enquiries:

Angeliki Frangou

IRF

Telephone : +30 010 453 8610


Seema Paterson
Stewart Wallace

Collins Stewart

Telephone: 020 7523 8350



THIS PRESS RELEASE IS NOT AN OFFER OF SECURITIES FOR SALE IN THE UNITED STATES.
SECURITIES MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES ABSENT REGISTRATION
OR AN EXEMPTION FROM REGISTRATION. ANY PUBLIC OFFERING OF SECURITIES IN THE
UNITED STATES WILL BE MADE BY MEANS OF A PROSPECTUS THAT MAY BE OBTAINED FROM
THE COMPANY, WHICH WILL CONTAIN DETAILED INFORMATION ABOUT THE COMPANY AND
MANAGEMENT AS WELL AS FINANCIAL STATEMENTS.





This information is provided by RNS
The company news service from the London Stock Exchange
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