Investors Group To Make Settlement Payment To Affected Investors

Winnipeg, MB – September 9, 2005: Investors Group announced today that payments to affected investors pursuant to the Plan of Distribution approved by the Ontario Securities Commission and The Manitoba Securities Commission will commence on September 16, 2005. These payments reflect the distribution of amounts agreed to within the settlement agreements reached in 2004 relating to frequent trading market timing. The Plan of Distribution can be found on the securities commissions' websites at www.osc.gov.on.ca and www.msc.gov.mb.ca.

Payments to affected investors will generally be made in the form of additional mutual fund units which will not be subject to redemption fees or transaction fees should the investor wish to redeem them. Other affected investors will receive payment in the form of a cheque.

Investors Group is a national leader in delivering personalized financial solutions to more than one million Canadians, through a network of approximately 3,500 Consultants located in over 100 Financial Planning Centres. In addition to an exclusive family of mutual funds, managed asset and other investment vehicles, Investors Group offers a wide range of mortgage, insurance, brokerage and banking services. Investors Group is a member of the IGM Financial Inc. (TSX: IGM) group of companies.

For more information contact:
Ron Arnst
Media Relations
(204) 956-3364
ron.arnst@investorsgroup.com

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