Notification of Interest

InterContinental Hotels Group PLC
20 December 2004


                                   SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1) Name of company

InterContinental Hotels Group PLC


2) Name of shareholder having a major interest

Deutsche Bank AG and its subsidiary companies


3) Please state whether notification indicates that it is in respect of
holding of the shareholder names in 2 above or in respect of a non
beneficial interest or in the case of an individual holder if it is a holding
of that person's spouse or children under the age of 18

Non-beneficial interest


4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them

Deutsche Bank AG and its subsidiary companies
(Shareholding prior to the Company's share consolidation, effective from 13
December 2004)


5) Number of shares/amount of stock acquired

Not advised


6) Percentage of issued class

N/A


7) Number of shares/amount of stock disposed

Not advised


8) Percentage of issued class

N/A


9) Class of security

Ordinary shares of £1 each
(Nominal value of shares prior to the share consolidation)


10) Date of transaction

Prior to 10 December 2004


11) Date company informed

17 December 2004


12) Total holding following this notification

24,219,137
(Prior to the share consolidation)


13) Total percentage holding of issued class following this notification

3.47%
(Prior to the share consolidation)


14) Any additional information

N/A


15) Name of contact and telephone number for queries

Catherine Springett 01753 410 242


16) Name and signature of authorised company official responsible for
making this notification

Catherine Springett


17) Date of notification

20 December 2004



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