NO ONE IS TALKING ABOUT THIS LITTLE RASCAL-WHATS HAPPENING-ANY NEWS ABOUT MERGER-THERE IS RUMOURS THAT IT COULD VALUED AS MUCH AS 10P A SHARE-IS IT TRUE??IF ANY ONE KNOWS ANYTHING PLEASE REPLY-I COULDN'T BELEIVE THAT PEOPLE STOPPED WRITING ABOUT THIS SINCE THE MERGER ANNOUNCEMENT WAS MADE-BUT PLENTY OF SUGGESTIONS AND POSITIVE NOTES BEFORE THE ANNOUNCEMENT-IS IT GOING BUST???????

i am still of the view that one should ditch the shares pf Inter Alliance.
quite appart from the nature of business done there is the huge open ended liability via the financial services authority......the FSA applis rules on a retrospective basis so one does not get the benefit of common law. in addition one does not even gain the benefit of the Limitation Act.

no other class of commercial company could afford to be exposes to liabilities on such an open basis.....unless one had entered into a particular contract in which event one would or should have priced according to the liabilities of the contract.

I am just glad to finally hear something after all this waiting. I am too holding onto IAL, may have lost a fair bit at the moment, but am confident IAL will pull through now.

Yeah it is good to hear some positve news, i`m way down on my investment like many other people, i`m just holding the stock and seeing what comes of it, who knows where they might be in a couple of years time??

do not look at todays fall in value of inter.alliance shares its really like the box of kippers that was bought and sold until some one complained about the smell. the retort was that the kippers are for buying and selling...
however make sure you are a sellar of inter alliance shares.

A slightly more positive article in Shares Mag. this morning. Now rated as a hold, future looks more positive, based on good last qtr sales performance.
It will be interesting to see if this has continued into this qtr as well. Should know more in next week's results release.
Two directors went today. Again, this'll help IAL display that they are getting their act together (fresh start after the merger fell through, looks as though BBB pulled out)

All this should have a postive impact on the shares price (IMHO, DYOR,PYO)etc..etc. Keep smiling! :)

Whats Happening

Anyone's guess.. looks as though it going tits up in a big way..There are alot of small cap shares taking a battering. However, these are good levels to be buying at IMHO... continue to keep smiling !...good luck.

i have proclaimed before and i urge again that holdings in inter-alliance are sold.

a company of this nature does not have real assets....in addition commision can usually be reclaimed by the product providers if contracts sold do not continue for a number of years

i shall be interested to learn of the average length of service of the different claases of staff.....and detailed information as to the amount of commission which each year is refunded to those product providers.....and also the amount of commission which would need to be refunded if all conracts had been cancelled yesterday--that is known as "unearned commission" and should be readaibly available from the company.
also information needed as to at what stage does inter-alliance take commission into their turnover

i guess so much will be weak within inter-alliance...unless there is clear evidence to the contrary!

I have never bought and have intentions of buying these. Though I have some information that maybe of interest to the holders. There are rumours knocking about at the moment that another fundraising may be on its way hence the drop in price...

Best Wishes.

anounced in merger talks with millfield....plenty of buying this morning

SUE Helen, u all on this thread were right. Thought to post this announcement. Shares are already 50% up. Maybe someone would care to do the fundamentals to work out how much this company is value so you know what the outcome would be if merger does happen. Anyway. Here is the news. Good luck to all holders!!

Company Inter-Alliance Group PLC
TIDM IAL
Headline Merger Discussions
Released 09:46 7 Jun 2004
Number 4654Z

RNS Number:4654Z
Inter-Alliance Group PLC
07 June 2004


7 June 2004

Inter-Alliance Group PLC AND MILLFIELD GROUP PLC in merger discussions

The Boards of Inter-Alliance Group PLC and Millfield Group PLC announce that
they are in discussions, which may or may not lead to a merger of their
companies. Discussions are making good progress and shareholders will be advised
of developments at the appropriate time.

has anyone got any information on millfield as to the possible value this merger would bring.....seems to be a bit more buying going on this morning...no movement in price yet though....

Here is a compilation of RSN which shows some investment houses have been acquiring shares.

Company Societe Generale Asset Mngmt UK Ld
TIDM
Headline Rule 8 - Inter-Alliance Gp
Released 09:27 19 Apr 2004
Number 7290X



RNS Number:7290X
Societe Generale Asset Mngmt UK Ld
19 April 2004


Date of Disclosure 19/04/04

DISCLOSURE UNDER RULES 8.1(a), 8.1(b)(i) and 8.3
OF THE CITY CODE ON TAKEOVERS AND MERGERS

Date of dealing 16/04/04

Dealing in INTER ALLIANCE GROUP PLC (name of company)

1) Class of securities (eg ordinary shares) ORD

2) Amount bought Amount sold Price per unit

2,000,000 0.017


3) Resultant total of the same class owned or controlled
(and percentage of class) 73,804,199 (8.15%)


4) Party making disclosure SOCIETE GENERALE ASSET MANAGEMENT UK LIMITED


5) EITHER (a) Name of purchaser/vendor (Note 1)
OR (b) if dealing for discretionary client(s), name of fund
management organisation

SOCIETE GENERALE ASSET MANAGEMENT UK LIMITED

6) Reason for disclosure (Note 2)
(a) associate of (i) offeror (Note 3) NO
(ii) offeree company NO

Specify which category or categories of associate (1-8 overleaf)

If category (8), explain

(b) Rule 8.3 (ie disclosure because of ownership or control of 1%
or more of the class of relevant securities dealt in) YES

Signed, for and on behalf of the party named in (4) above N/A

(Also print name of signatory) MYRA RAND

Telephone and extension number 020 7815 8608

ANOTHER BY JUPITER JUST DAYS AFTER SOC GEN:


Company Jupiter Asset Management Limited
TIDM
Headline Rule 8 - Inter-Alliance Gp
Released 10:25 19 Apr 2004
Number 7316X


RNS Number:7316X
Jupiter Asset Management Limited
19 April 2004

Date of Disclosure 19TH APRIL 2004

DISCLOSURE UNDER RULES 8.1(a), 8.1(b)(i) and 8.3
OF THE CITY CODE ON TAKEOVERS AND MERGERS

Date of dealing 16TH APRIL 2004

Dealing in INTER-ALLIANCE GROUP PLC (name of company)

1) Class of securities (eg ordinary shares) ORDINARY

2) Amount bought Amount sold Price per unit

180,000 1.75p

3) Resultant total of the same class owned or controlled
(and percentage of class) 21,200,000 (2.34%)


4) Party making disclosure JUPITER ASSET MANAGEMENT LIMITED


5) EITHER (a) Name of purchaser/vendor (Note 1)
OR (b) if dealing for discretionary client(s), name of fund
management organisation

JUPITER ASSET MANAGEMENT LIMITED

6) Reason for disclosure (Note 2)
(a) associate of (i) offeror (Note 3) NO
(ii) offeree company NO

Specify which category or categories of associate (1-8 overleaf)

If category (8), explain

(b) Rule 8.3 (ie disclosure because of ownership or control of 1%
or more of the class of relevant securities dealt in) YES

Signed, for and on behalf of the party named in (4) above N/A

(Also print name of signatory) GERRY ABSALOM

Telephone and extension number 020 7314 4785

NOW BY HSOS

Company HBOS PLC
TIDM HBOS
Headline Rule 8 - Inter-Alliance group
Released 11:10 19 Apr 2004
Number 7364X

FORM 8.1/8.3


Lodge with a RIS or Newstrack if appropriate and the Takeover Panel. Use a separate form for each class of securities in which dealings have been made.

Date of Disclosure

19/04/2004

DISCLOSURE UNDER RULES 8.1(a), 8.1(b)(i) and 8.3 OF THE CITY CODE ON TAKEOVERS AND MERGERS

Date of dealing

16/04/2004

Dealing in (name of company)

Inter-Alliance Group plc

1. Class of securities (eg ordinary shares)

Ord 1p

2.

Amount

bought
Amount

Sold
Price

per unit

1
0.0175




3. Resultant total of the same class owned or controlled (and percentage of class)

.72,361,478.7.970%

4. Party making disclosure

HBOS plc

5. EITHER (a) Name of purchaser / vendor (Note 1)

HBOS plc and its subsidiaries

OR (b) if dealing for discretionary client(s), name of fund management organisation



6. Reason for disclosure (Note 2)



(a) associate of

(i) offeror (Note 3)

NO

(ii) offeree company

YES

Specify which category or categories of associate (1-8 overleaf)

6

If category (8), explain



(b) Rule 8.3 (ie disclosure because of ownership or control of 1% or more of the class of relevant securities dealt in)

YES

Signed, for and on behalf of the party named in (4) above



(Also print name of signatory)

Kenny Melville

Telephone and Extension number

0131 243 8671

AND AGAIN BY SOC GEN ON THE 21/04/04

Company Societe Generale Asset Mngmt UK Ld
TIDM
Headline Rule 8 - Inter-Alliance Gp
Released 09:23 22 Apr 2004
Number 8809X

RNS Number:8809X
Societe Generale Asset Mngmt UK Ld
22 April 2004


Date of Disclosure 22/04/04


DISCLOSURE UNDER RULES 8.1(a), 8.1(b)(i) and 8.3
OF THE CITY CODE ON TAKEOVERS AND MERGERS

Date of dealing 21/04/04

Dealing in INTER ALLIANCE GROUP PLC (name of company)

1) Class of securities (eg ordinary shares) ORD

2) Amount bought Amount sold Price per unit

5,000,000 0.015

3) Resultant total of the same class owned or controlled
(and percentage of class) 78,804,199 (8.70%)


4) Party making disclosure SOCIETE GENERALE ASSET MANAGEMENT UK LIMITED


5) EITHER (a) Name of purchaser/vendor (Note 1)
OR (b) if dealing for discretionary client(s), name of fund
management organisation SOCIETE GENERALE ASSET MANAGEMENT UK
LIMITED

6) Reason for disclosure (Note 2)
(a) associate of (i) offeror (Note 3) NO
(ii) offeree company NO

Specify which category or categories of associate (1-8 overleaf)

If category (8), explain

(b) Rule 8.3 (ie disclosure because of ownership or control of 1%
or more of the class of relevant securities dealt in) YES

Signed, for and on behalf of the party named in (4) above N/A

(Also print name of signatory) MYRA RAND

Telephone and extension number 020 7815 8608

MORE from Jupiter

Company Jupiter Asset Management Limited
TIDM
Headline Rule 8 - Inter-Alliance Gp
Released 11:22 28 Apr 2004
Number 0839Y

RNS Number:0839Y
Jupiter Asset Management Limited
28 April 2004

Date of Disclosure 28TH APRIL 2004

DISCLOSURE UNDER RULES 8.1(a), 8.1(b)(i) and 8.3
OF THE CITY CODE ON TAKEOVERS AND MERGERS

Date of dealing 27TH APRIL 2004

Dealing in INTER-ALLIANCE GROUP PLC (name of company)

1) Class of securities (eg ordinary shares) ORDINARY

2) Amount bought Amount sold Price per unit
3,800,000 1.25P


3) Resultant total of the same class owned or controlled
(and percentage of class) 25,000,000 (2.75%)


4) Party making disclosure JUPITER ASSET MANAGEMENT LIMITED


5) EITHER (a) Name of purchaser/vendor (Note 1)
OR (b) if dealing for discretionary client(s), name of fund
management organisation

JUPITER ASSET MANAGEMENT LIMITED

6) Reason for disclosure (Note 2)
(a) associate of (i) offeror (Note 3) NO
(ii) offeree company NO

Specify which category or categories of associate (1-8 overleaf)

If category (8), explain

(b) Rule 8.3 (ie disclosure because of ownership or control of 1%
or more of the class of relevant securities dealt in) YES

Signed, for and on behalf of the party named in (4) above N/A

(Also print name of signatory) DAVID FIELD

Telephone and extension number 020 7314 4915

more soc gen buildin up their stock.

RNS Number:1315Y
Societe Generale Asset Mngmt UK Ld
29 April 2004


Date of Disclosure 29/04/04

DISCLOSURE UNDER RULES 8.1(a), 8.1(b)(i) and 8.3
OF THE CITY CODE ON TAKEOVERS AND MERGERS

Date of dealing 28/04/04

Dealing in INTER ALLIANCE GROUP PLC (name of company)

1) Class of securities (eg ordinary shares) ORD

2) Amount bought Amount sold Price per unit

5,000,000 0.0125

3) Resultant total of the same class owned or controlled
(and percentage of class) 83,804,199 (9.25%)


4) Party making disclosure SOCIETE GENERALE ASSET MANAGEMENT UK LIMITED


5) EITHER (a) Name of purchaser/vendor (Note 1)
OR (b) if dealing for discretionary client(s), name of fund
management organisation

SOCIETE GENERALE ASSET MANAGEMENT UK LIMITED

6) Reason for disclosure (Note 2)
(a) associate of (i) offeror (Note 3) NO
(ii) offeree company NO

Specify which category or categories of associate (1-8 overleaf)

If category (8), explain

(b) Rule 8.3 (ie disclosure because of ownership or control of 1%
or more of the class of relevant securities dealt in) YES

Signed, for and on behalf of the party named in (4) above N/A

(Also print name of signatory) MYRA RAND

Telephone and extension number 020 7815 8608

NOW MERRIL LYNCH JOINTS THE FEAST:


Company Merrill Lynch Investment ManagersLd
TIDM
Headline Rule 8 - Inter-Alliance Group
Released 10:56 30 Apr 2004
Number 1913Y






FORM 8.1/8.3


Lodge with a RIS or Newstrack if appropriate and the Takeover Panel. Use a separate form for each class of securities in which dealings have been made.

Date of Disclosure

30th April 2004

DISCLOSURE UNDER RULES 8.1(a), 8.1(b)(i) and 8.3 OF THE CITY CODE ON TAKEOVERS AND MERGERS

Date of dealing

29th April 2004

Dealing in (name of company)

Inter-Alliance Group Plc

1. Class of securities (eg ordinary shares)

1p Ordinary Shares

2.

Amount

Bought
Amount

Sold
Price

Per unit

120,000
1.35p




3. Resultant total of the same class owned or controlled (and percentage of class)

14,475,989 (1.59%)

4. Party making disclosure

Merrill Lynch Investment Managers Limited

5. EITHER (a) Name of purchaser / vendor (Note 1)



OR (b) if dealing for discretionary client(s), name of fund management organisation

Merrill Lynch Investment Managers Limited

6. Reason for disclosure (Note 2)



(a) associate of

(i) offeror (Note 3)

XXX / NO

(ii) offeree company

XXX / NO

Specify which category or categories of associate (1-8 overleaf)



If category (8), explain



(b) Rule 8.3 (ie disclosure because of ownership or control of 1% or more of the class of relevant securities dealt in)

YES/ XX

Signed, for and on behalf of the party named in (4) above



(Also print name of signatory)

Katey Neate

Telephone and Extension number

020 7964 5641