IEG Holdings Signs Leading Blockchain Software Consultants,
 Intellectsoft, for 
IEG Holdings Cryptocurrency Blockchain Development
Services and Reveals New Philippines Cryptocurrency Remittance Plans

LAS VEGAS, NV  -- (Marketwired) -- 02/26/18 --  IEG Holdings
Corporation ("IEG Holdings") (OTCQB: IEGH) announced today that its
wholly owned subsidiary, Investment Evolution Crypto LLC, ("IE
Crypto") has signed leading blockchain software consultants,
Intellectsoft LLC ("Intellectsoft") in Silicon Valley, California, to
provide blockchain development services for IEG Holdings'
cryptocurrency. In addition, IE Crypto plans to develop and launch a
new Philippines remittance and loan offering to US and Australian
based Filipino Overseas Foreign Workers ("OFWs") targeting the USD
$28 billion annual Filipino OFW remittance market. Prior to launching
these plans, IE Crypto will investigate the legalities and economic
risks and benefits of its plans. 

Intellectsoft - Leading Blockchain Software Consultants

IE Crypto has signed a contract with Intellectsoft to provide
blockchain development services for IEG Holdings' cryptocurrency,
including business and functional requirements analysis, market and
technical research and an estimation/development plan. Intellectsoft
has 6 offices in 5 countries including Silicon Valley, New York and
London with 200+ full-time developers and 35 Fortune 500 clients.
Intellectsoft is currently ranked as the "Top Blockchain
Developer" in 2018. Intellectsoft Blockchain Lab developers deliver
enterprise-grade blockchain solutions, consultancy, and custom
blockchain development services integrating the latest distributed
ledger technologies, identity solutions and smart contracts.

IEG Holdings Cryptocurrency, Updated IE Crypto Plans & Philippines
Cryptocurrency Remittance Plans
1.  IE Crypto now plans to create its own IEG Holdings cryptocurrency, and
    offer loans and accept loan repayments in its own IEG Holdings
    cryptocurrency. After further investigation, management no longer
    believes that it requires the backing of a gold resource for its IEG
    Holdings cryptocurrency in order to be able to provide its planned
    services utilizing the IEG Holdings cryptocurrency. Therefore, IE Crypto
    has terminated its previous negotiations to purchase a gold project with
    gold metal in the ground and prospecting licenses. 
2.  After further investigation, IE Crypto no longer plans to use other non-
    IEG Holdings cryptocurrencies for loans or loan repayments. If IEG
    Holdings proceeds with the use of a cryptocurrency for loans or loan
    repayments, it currently only intends to do so using its own IEG
    Holdings cryptocurrency. 
3.  IE Crypto plans to develop and launch a new Philippines remittance and
    loan offering to US and Australian based Filipino OFWs targeting the USD
    $28 billion annual remittance market.

IE Crypto is in the incipient stages of planning these potential
future actions.

Paul Mathieson, IEG Holdings' Chairman and Chief Executive Officer,
said, "We are very excited to have moved to the development stage for
our IEG Holdings cryptocurrency. We believe potentially combining the
exciting new blockchain technology with a leading sophisticated
online consumer finance system, individual US state lending licenses
and exposure to the Philippines $28 billion OFW remittance sector is
a very exciting proposition. We aim for IEGH to leverage off its
existing fintech business credentials, specifically its extensive
experience in online consumer loans, to potentially be a key player
in the crypto/blockchain sector." 

About IEG Holdings Corporation

IEG Holdings Corporation is an SEC reporting fintech company that
provides online $5,000 and $10,000 unsecured consumer loans under the
brand name, "Mr. Amazing Loans", via its website and online
application portal at IEG Holdings is a
direct lender with state licenses and/or certificates of authority in
20 US states, with all loans originated, processed and serviced out
of our centralized Las Vegas head office. 

Investment Evolution Crypto LLC ("IE Crypto") is a wholly owned
subsidiary of IEG Holdings that plans to offer loans and accept loan
repayments in its own IEG Holdings cryptocurrency. IE Crypto also
plans to offer Philippines remittance and loan services to Filipino
OFWs based in the US and Australia utilizing IEG Holdings'
cryptocurrency. IE Crypto is in the development planning stages to
explore these crypto/blockchain business opportunities. For more
information about IEG Holdings, visit

Forward-Looking Statements 

This press release contains forward-looking statements. All
statements other than statements of historical facts included in this
press release are forward-looking statements. In some cases,
forward-looking statements can be identified by words such as
"believe," "expect," "anticipate," "plan," "potential," "continue" or
similar expressions. Such forward-looking statements include risks
and uncertainties, and there are important factors that could cause
actual results to differ materially from those expressed or implied
by such forward-looking statements. These factors, risks and
uncertainties are discussed in IEG Holdings' filings with the SEC.
Investors should not place any undue reliance on forward-looking
statements since they involve known and unknown, uncertainties and
other factors which are, in some cases, beyond IEG Holdings' control
which could, and likely will, materially affect actual results,
levels of activity, performance or achievements. Any forward-looking
statement reflects IEG Holdings' current views with respect to future
events and is subject to these and other risks, uncertainties and
assumptions relating to operations, results of operations, growth
strategy and liquidity. IEG Holdings assumes no obligation to
publicly update or revise these forward-looking statements for any
reason, or to update the reasons actual results could differ
materially from those anticipated in these forward-looking
statements, even if new information becomes available in the future.

The contents of IEG Holdings' website referenced herein are not
incorporated into this press release.

Paul Mathieson
IEG Holdings Corporation
Chairman/CEO and Founder