Director/PDMR Shareholding

IP Group PLC
14 June 2006


                                                            14 June 2006
                             IP GROUP PLC
                     ('IP Group' or 'the Company')


This announcement replaces the announcement released on the RNS system on the
RNS number:0906C 5 June 2006 at 17.49. The purchase price is £1.40 not £1.37. 
The full announcement text appears below.

                                  SCHEDULE 11
          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

1. Name of company

IP Group plc

2. Name of director

Roger Brooke

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

Beneficial interest: shares acquired by the trust of which Roger Brooke is one
of a number of beneficiaries

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

R. Brooke Trust

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

Purchase

7. Number of shares / amount of stock acquired

14,203

8. Percentage of issued class

0.006

9. Number of shares/amount of stock disposed

N/A

10. Percentage of issued class

N/A

11. Class of security

Ordinary Shares of 2p each

12. Price per share

£1.40

13. Date of transaction

2 June 2006

14. Date company informed

5 June 2006

15. Total holding following this notification

214,153

16. Total percentage holding of issued class following this notification

0.09

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

17. Date of grant

...............................................................

18. Period during which or date on which exercisable

...............................................................

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

...............................................................

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

...............................................................

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

...............................................................

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

...............................................................

23. Any additional information

...............................................................

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

Date of Notification

5 June 2006

The FSA does not give any express or implied warranty as to the accuracy of this
document or material and does not accept any liability for error or omission.
The FSA is not liable for any damages (including, without limitation, damages
for loss of business or loss of profits) arising in contract, tort or otherwise
from the use of or inability to use this document, or any material contained in
it, or from any action or decision taken as a result of using this document or
any such material.



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