Director/PDMR Shareholding

IP Group PLC
17 May 2006



                                  SCHEDULE 11


          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS


1. Name of company


IP Group plc


2. Name of director


Dr David Bruce Campbell


3. Please state whether notification indicates that it is in respect of holding

of the shareholder named 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 or in respect of a non-beneficial

interest


As in 2


4. Name of the registered holder(s) and, if more than one holder, the number of

shares held by each of them (if notified)


As in 2


5. Please state whether notification relates to a person(s) connected with the

director named in 2 above and identify the connected person(s)


N/a


6. Please state the nature of the transaction. For PEP transactions please

indicate whether general/single co PEP and if discretionary/non discretionary


Sale.


7. Number of shares / amount of stock acquired


N/a


8. Percentage of issued class


N/a


9. Number of shares/amount of stock disposed


81,815


10. Percentage of issued class


0.04%


11. Class of security


2p Ordinary Shares


12. Price per share


£1.49


13. Date of transaction


17 May 2006


14. Date company informed


17 May 2006


15. Total holding following this notification


nil


16. Total percentage holding of issued class following this notification


nil


If a director has been granted options by the company please complete the

following boxes.


17. Date of grant


N/a


18. Period during which or date on which exercisable


N/a


19. Total amount paid (if any) for grant of the option


N/a


20. Description of shares or debentures involved: class, number


N/a


21. Exercise price (if fixed at time of grant) or indication that price is to be

fixed at time of exercise


N/a


22. Total number of shares or debentures over which options held following this

notification


N/a


23. Any additional information


N/a


24. Name of contact and telephone number for queries


Magnus Goodlad

020 7489 5222


25. Name and signature of authorised company official responsible for making

this notification


Magnus Goodlad



                      This information is provided by RNS
            The company news service from the London Stock Exchange