Investors Capital Holdings Posts Record Revenues for FY 2007.

Company looks to continue strong growth trend

LYNNFIELD, Mass. -- Investors Capital Holdings, Ltd. (AMEX: ICH), a financial services holding company, posted record revenues of $80,053,028 for the fiscal year (FY) ended March 31, 2007, an increase of 17.72% over the same period in 2006. The Company has increased its annual revenues every year since its incorporation in 1995.

"Our strong showing this year reflects our primary, never-ending focus on delivering premier, Ritz-Carlton level service and support to our representatives," said Theodore E. Charles, Chairman of the Board, Chief Executive Officer, and President of Investors Capital Holdings. "Key elements to our program for success going forward will be increasing our brand awareness, continuing to recruit higher-quality representatives, promoting our advisory business, and expanding the number of innovative technology solutions and practice management services we make available to our field force. If we can deliver on those strategic initiatives, we have a great opportunity to deliver another record year in 2008."

The Company's investment advisory services division, Investors Capital Advisory Services (ICAS), also posted positive results. Advisory revenues rose 31.45% to $6,767,136 for the fiscal year ended March 31, 2007 due to increased participation in and promotion of ICAS programs. At fiscal year end, ICAS had 365 registered investment advisors, a 4.58% increase over the previous period, and assets under management of $515 million, an increase of 64% over the previous period and a 628% increase since fiscal year end March 31, 2004.

Other key business indicators were also very positive. Gross profit was $15,126,244, up 12.94% over the prior fiscal year period and average revenue per representative was $115,530, up 27.87% over FYE 2006.

"Our strategic emphasis on recruiting more high-quality, established, successful representatives with higher production and more client accounts and releasing lower-producing representatives means we can, as a company, continue to increase our revenues and deliver premier, five-star service to all of our representatives without continually hiring more home office staff," said Investors Capital Corporation President Timothy B. Murphy. "That's a win-win-win for our representatives, our firm, and our shareholders."

ICH stock continues to outpace the major indices in terms of performance. $100 invested in Investors Capital Holdings, Ltd. common stock over the 5-year period from March 31, 2002 to March 31, 2007 grew to $243.11 (143% total cumulative return); compared to $123.97 (24%) for the S&P 500, and $134.22 (34%) for the Dow Jones Financial Services Index over the same period for the same amount invested. Return figures assume reinvestment of dividends.

The Company posted a net loss of $1,084,066 for the fiscal year ended March 31, 2007. Registered operating and net losses can be attributed primarily to expenses involving certain legal and regulatory proceedings that cost the Company approximately $2.20 million during the current period. Although there can be no assurances, the Company believes that these proceedings, now settled, will prove to be unusually costly compared to future legal proceedings that the Company will inevitably face in its chosen marketplace.

About Investors Capital Holdings, Ltd.:

Investors Capital Holdings, Ltd. (AMEX:ICH) of Lynnfield, Massachusetts is a diversified financial services holding company that operates primarily through its independent broker/dealer subsidiary, Investors Capital Corporation (ICC) to provide premier service, support, technology, fee-based asset management, and practice management services to top-producing registered representatives to help them exceed their clients' expectations. The Company's business units include Investors Capital Corporation, Investors Capital Advisory Services, ICC Insurance Agency, Inc., Eastern Point Advisors, Inc., and Investors Capital Holdings Securities Corporation. For more information, please call [phone] or visit www.investorscapital.com.

Certain statements contained in this press release that are not historical fact may be deemed to be forward-looking statements under federal securities laws. There are many factors that could cause our future actual results to differ materially from those suggested by or forecast in the forward-looking statements. Such factors include, but are not limited to, general economic conditions, interest rate fluctuations, regulatory changes affecting the financial services industry, competitive factors effecting demand for our services, availability of funding, and other risks identified in the Company's Securities and Exchange Commission filings.

Investors Capital Corporation, Lynnfield, Massachusetts, Distributor.

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