Investors Group announced today that it will begin making payments to affected investors, based on a plan of distribution approved by the Ontario Securities Commission and the Manitoba Securities Commission, on Sept. 16.

The payments reflect the distribution of amounts agreed to within the settlement agreements reached in 2004 relating to frequent trading market timing. Payments will generally be made in the form of additional mutual fund units that will not be subject to redemption fees or transaction fees upon redemption. Other affected
investors will receive payment in the form of a cheque.