Holding(s) in Company

IP Group PLC
22 September 2006


                           IP Group (the 'Company')

                   Disclosure of material interest in shares

The Company was notified on 21 September 2006 that as at close of business on 20
September 2006, Lehman Brothers International (Europe) had a material interest
in 25,065,397 ordinary shares of 1p each representing 10.39 per cent. of the
issued share capital of the Company.


Contact:

Alan Aubrey

020 7489 5200


22 September 2006


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