Holding(s) in Company

Indian Restaurants Group PLC
29 February 2008

Form TR-1 with annex. FSA Version 2.1 updated April 2007


For filings with the FSA include the annex

For filings with issuer exclude the annex


TR-1: Notifications of Major Interests in Shares



1. Identity of the issuer or the underlying issuer of
existing shares to which voting rights are attached:

Indian Restaurants Group plc


2. Reason for notification (yes/no)
                                                                                        

An acquisition or disposal of voting rights                                             Yes

An acquisition or disposal of financial instruments which may result in the acquisition
of shares already issued to which voting rights are attached

An event changing the breakdown of voting rights

Other (please specify):______________
                                                     

3. Full name of person(s) subject to notification
obligation:
                                                     
Credit Agricole Cheuvreux International Ltd


4. Full name of shareholder(s) (if different from
3):
                                                     
Credit Agricole Cheuvreux International Ltd


5. Date of transaction (and date on which the
threshold is crossed or reached if different):
                                                     
25/02/08


6. Date on which issuer notified:

27/02/08


7. Threshold(s) that is/are crossed or reached:      

Less than 3%






8: Notified Details
A: Voting rights attached to shares


Class/type of       Situation previous to the Resulting situation after the triggering transaction
shares              triggering transaction

If possible use
ISIN code                                     Less than 3%

                    Number of    Number of    Number of    Number of voting rights Percentage of voting
                    shares       voting       shares                               rights
                                 rights

GB00B0YTNL47        1,086,480    1,086,480                              Indirect   Direct     Indirect





B: Financial Instruments


Resulting situation after the triggering transaction


Type of financial    Expiration date      Exercise/ conversion No. of voting rights  Percentage of voting
instrument                                period/date          that may be acquired  rights
                                                               (if the instrument
                                                               exercised/converted)







Total (A+B)


Number of voting rights                              Percentage of voting rights





9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively
held, if applicable:

SAS Rue La Boetie
Credit Agricole SA
Calyon SA
CAAM
Credit Agricole Cheuvreux SA        Less than 3%


Proxy Voting:


10. Name of proxy holder:


11. Number of voting rights proxy holder will cease
to hold:


12. Date on which proxy holder will cease to hold
voting rights:




13. Additional information:


14 Contact name:                                       Anne McLeod


15. Contact telephone name:                            0207 214 6518





For notes on how to complete form TR-1 please see the FSA website.




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