International Marketing & Sales Group Limited (AIM: IMSG), the emerging markets focused sales and marketing company, announces that directors Alexander Popov and Dmitry Bodrenko have resigned from the Board with effect from 1 April, 2008 to pursue other interests and that the Board now intends to reorganise and streamline the Russian management structure and operations of the Group.

IMSG currently employs 1,712 individuals across the group and the reorganisation and streamlining in Russia will reduce this number by approximately 80 individuals.

Further details of the reorganisation will be included in the Group's preliminary results, to be announced on 24 April 2008.

Alexander Popov was Managing Director of IMS Trade Marketing LLC and Dmitry Bodrenko was Managing Director of IMS Marketing; both companies are based in Russia.

The Group's Russian operations, including these businesses, are trading in line with the Board's expectations, however the Board considers that it is now appropriate to streamline and reorganise the Russian management structure and operations to maintain the Company's growth.

The Board would like to thank Alexander and Dmitry for their contributions and look forward to the Group's continued success in emerging markets.

As stated above, the Group's preliminary results for 2007 will be announced on 24th April 2008 and the Board expects these to be in line with current market expectations. In addition, current trading is in line with the Board’s expectations.