ICF International Reports on Distribution of a Portion of CM Equity Partners Holdings to its Limited Partners

FAIRFAX, Va.--(BUSINESS WIRE)--ICF International (NASDAQ: ICFI), a leading provider of consulting services and technology solutions to government and commercial clients, announced that CM Equity Partners, a private equity firm, reported that it distributed on November 19, 2008, 1,446,722 shares of ICF common stock to limited partners of affiliated partnerships that own the stock. In accordance with Rule 144 under the Securities Act of 1933, there is a 90-day restriction on the sale of the distributed shares. Following the distribution, CM Equity and the affiliated partnerships will continue to own 5,786,891 shares, or approximately 39 percent, of ICF’s common stock. This comprises approximately 80 percent of the ICF common stock owned by the partnerships since the completion of the Company’s IPO.

CM Equity partnered with ICF’s management team to effect a management buy-out in 1999 and to take ICF public in September of 2006. CM Equity has advised ICF that this distribution is designed to provide a modest level of liquidity to the limited partners and looks forward to continuing its long-term relationship with ICF. CM Equity has no present plans for additional distributions.

Neither this distribution nor any future distribution or sale of shares by CM Equity Partners will have any effect on the total number of ICF’s outstanding shares.

About ICF International

ICF International (NASDAQ: ICFI) partners with government and commercial clients to deliver consulting services and technology solutions in the energy, climate change, environment, transportation, social programs, health, defense, and emergency management markets. The firm combines passion for its work with industry expertise and innovative analytics to produce compelling results throughout the entire program life cycle, from analysis and design through implementation and improvement. Since 1969, ICF has been serving government at all levels, major corporations, and multilateral institutions. More than 3,000 employees serve these clients worldwide. ICF's Web site is www.icfi.com.

Caution Concerning Forward-looking Statements

This document may contain "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995--that is, statements related to future--not past--events, plans, and prospects. These statements involve known and unknown risks, uncertainties, and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by such forward-looking statements. In some cases, you can identify these statements by forward-looking words such as "guidance," "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "plan," "potential," "seek," "should," "will," "would," or similar words. You should read statements that contain these words carefully because they discuss our future expectations, contain projections of our future results of operations or of our financial position, or state other forward-looking information, and are subject to factors that could cause actual results to differ materially from those anticipated. For ICF, particular uncertainties that could adversely or positively affect the Company's future results include but are not limited to: risks related to the government contracting industry, including the timely approval of government budgets, changes in client spending priorities, and the results of government audits and investigations; risks related to our business, including our dependence on contracts with U.S. Federal Government agencies and departments and the State of Louisiana; continued good relations with these and other customers; success in competitive bidding on recompete and new contracts; performance by ICF and its subcontractors under our contract with the State of Louisiana, Office of Community Development, including but not limited to the risks of failure to achieve certain levels of program activities, termination, or material modification of the contract, and political uncertainties relating to The Road Home program; uncertainties as to whether revenues corresponding to the Company's contract backlog will actually be received; the future of the energy sector of the global economy; our ability to attract and retain management and staff; strategic actions, including attempts to expand our service offerings and client base, the ability to make acquisitions, and the performance and future integration of acquired businesses; risks associated with operations outside the United States, including but not limited to international, regional, and national economic conditions, including the effects of terrorist activities, war, and currency fluctuations; and other risks and uncertainties disclosed in the Company's filings with the Securities and Exchange Commission. These uncertainties may cause ICF's actual future results to be materially different than those expressed in the Company's forward-looking statements. ICF does not undertake to update its forward-looking statements.

ICF International
Investor:
Lynn Morgen, +1-212-750-5800
lynn.morgen@mbsvalue.com
or
Media:
Lindsey Litton, +1-571-265-1472
llitton@icfi.com