INTL Commodities Renews $125 Million Syndicated Loan

Business Wire, July 2, 2008

NEW YORK -- International Assets Holding Corporation (Nasdaq:IAAC) (the "Company") announced that its subsidiary INTL Commodities has completed the renewal of its $125 million revolving syndicated loan. The loan proceeds will be used to finance the ongoing expansion of INTL Commodities' activities. The loan will be secured by INTL Commodities' assets.

INTL Commodities focuses on physical precious and base metals, offering complete solutions to producers, consumers, investors and merchants. Products and services include spot, OTC swaps, forwards and derivatives, customized hedge programs, margin trading, refining, physical purchases and sales, and consignments. Extensive operational and logistics expertise provides for a seamless execution of physical transactions on a worldwide basis. INTL Commodities is represented in New York, London, Florida, Dubai and Singapore.

Sean O'Connor, CEO, said, "The renewal of the syndicated loan will provide us with the financial resources to continue the ongoing expansion of our commodities activities."

Fortis Merchant Banking arranged the loan and is a participant with BNP Paribas, HSH Nordbank, Mizuho Corporate Bank Ltd., Brown Brothers Harriman & Co. and The Bank of Tokyo-Mitsubishi UFJ Ltd. NY Branch.

About International Assets Holding Corporation (Nasdaq:IAAC)

International Assets Holding Corporation and its subsidiaries (the "Company") form a financial services group focused on select international securities, foreign exchange and commodities markets. We commit our capital and expertise to market-making and trading of international financial instruments, currencies and commodities. The Company's activities are currently divided into five functional areas -- international equities market-making, international debt capital markets, foreign exchange trading, commodities trading and asset management. Additional information regarding the Company is available on the Company's website at www.intlassets.com.

Forward-Looking Statements

Certain statements in this document may constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve known and unknown risks and uncertainties, many of which are beyond the Company's control, including adverse changes in economic, political and market conditions, losses from the Company's market-making and trading activities arising from counterparty failures and changes in market conditions, the possible loss of key personnel, the impact of increasing competition, the impact of changes in government regulation, the possibility of liabilities arising from violations of federal and state securities laws and the impact of changes in technology in the securities and commodities brokerage industries. Although the Company believes that its expectations with respect to the forward-looking statements are based upon reasonable assumptions, there can be no assurances that the actual results, performance or achievement of the Company will not differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties. Accordingly, readers are cautioned not to place undue reliance on these forward-looking statements.

For more information, contact:

Scott Branch, President
International Assets Holding Corporation
New York, NY 10017
Scott Branch, Phone (888) 345-4685 x 335

Additional Contacts:

INTL Commodities Inc, New York
Frank Reddon
freddon@intlassets.com
Bill Silverstein
wsilverstein@intlassets.com
Steve Springer
sspringer@intlassets.com
708 Third Avenue
New York, NY 10017
Tel:  1 (212) 485 3500
Fax:  1 (212) 485 3505
Reuters Dealing: INTL

INTL Commodities Inc, Orlando
Carmen Neckles
cneckles@intlassets.com
220 E. Central Parkway
Altamonte Springs, FL 32701
Tel:  1 (407) 741 5300
Fax:  1 (407) 740 0808
Reuters Dealing: INTO

INTL Commodities Inc, London
Glyn Stevens
gstevens@intlassets.com
Laurence Steel
lsteel@intlassets.com
Phoenix House
18 King William Street
EC4N 7BP
Tel:  44 (20) 7220-6060
Fax:  44 (20) 7220-6030
Reuters Dealing: INTM

INTL Commodities DMCC, Dubai
Jeff Rhodes
jrhodes@intlassets.com
Barry Canham
bcanham@intlassets.com
Gold House, Office 202
Al Raas Street
P.O Box 125942, Dubai. UAE
Tel:  971 (4) 2266940
Fax  971 (4) 2351122
Reuters Dealing: INTA

INTL Commodities, Inc, Singapore
Malcolm Wilde
mwilde@intlassets.com
Kelvin Kum
kkum@intlassets.com
1 Raffles Place
#43-03 OUB Centre
Singapore, 048616
Tel:  65 6309 1000
Fax:  65 6309 1001
Reuters Dealing: INTS