Additional Listing

IP Group PLC
15 September 2006


15 September 2006

                                  IP GROUP PLC

                                ISSUE OF NEW SHARES



Application has been made for 500,000 ordinary shares of 2p each ('Ordinary
Shares') (fully paid ranking pari passu with the existing Ordinary Shares) to be
admitted to the Official List and to be traded on London Stock Exchange plc's
market for listed securities ('Admission'). These Ordinary Shares have been
issued following the exercise of 500,000 unapproved share options over Ordinary
Shares in the Company.


It is expected that Admission will become effective and that dealings will
commence in the 500,000 Ordinary Shares on 20 September 2006. Following
Admission the issued share capital of the Company will be 241,804,555 Ordinary
Shares.





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