INTL Commodities Renews $62 Million Syndicated Loan

NEW YORK, June 29, 2009 (GLOBE NEWSWIRE) -- International Assets Holding
Corporation (Nasdaq:IAAC) (the "Company") announced that its subsidiary INTL
Commodities, Inc. has completed the renewal of its revolving syndicated loan in
the amount of $62 million. The loan proceeds will continue to be used to finance
the 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 was difficult in this banking environment.
We are pleased with this result as the syndicated loan will provide us with the
financial resources to continue our commodities activities."

The loan was arranged by Fortis Bank SA/NV, New York Branch. Participants
include Fortis Bank SA/NV, New York Branch, Mizuho Corporate Bank Ltd., and
Brown Brothers Harriman & Co.

About International Asset 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, and on asset management. 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 web site at www.intlassets.com.

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

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

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

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

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

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

International Assets Holding Corporation
Scott Branch
+1 (888) 345-4685 x 335
sbranch@intlassets.com