Directors' Notification of Dealing in Shares

Intermediate Capital Group PLC
19 May 2000


LETTER TO:    COMPANY ANNOUNCEMENTS OFFICE

NOTIFICATION OF DIRECTORS SHARE TRANSACTIONS

In accordance with the requirements of the Companies Act 1985, we are informing
you that we have today been notified of the purchase of shares by a director of
this company as follows:-

Mr Peter Stone has purchased 2,000 shares, details of which are as follows:-


Date of transaction                     15 May 2000
Date notified                           19 May 2000
Type of share                           Ordinary shares of 20 pence
Number of shares bought                 2,000
Total number of shares now owned        8,250
Percentage of issued capital now owned  0.01%
Price of which purchase was made        630p


LETTER FROM:  INTERMEDIATE CAPITAL GROUP PLC