International Assets Expands Precious Metals Team in London

NEW YORK, April 7, 2009 (GLOBE NEWSWIRE) -- International Assets Holding
Corporation (the "Company") (Nasdaq:IAAC) today announced that it has expanded
its precious metals team in London by hiring Gerhard ("Gerry") Schubert and
Stephen Pender, both until recently with Fortis Bank.

Gerhard and Stephen will join the team on 1st May and 1st June respectively in
London as part of the expanding global precious metals business with a
particular focus on gold and silver. Philip Smith, Managing Director, London
commented, "We are delighted to have both Gerry and Stephen join this exciting
and growing business and welcome the high calibre of experience that they bring
with them."

Jeff Rhodes, who oversees the global precious metals business, said: "Over the
last two years we have successfully built a customer centric precious metals
business and the arrival of Gerry and Stephen will significantly enhance our
pricing capability and product offering to our customers and help us develop our
client focused activities in Europe and Africa."

About International Assets Holding Corporation

International Assets Holding Corporation and its subsidiaries 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.

The International Assets Holding Corporation logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=5024

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.

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CONTACT: INTL London
Philip Smith, Managing Director
+44 20 7220 6079

INTL Commodities DMCC
Jeff Rhodes, CEO
+971 4226 9393
Dubai, UAE