Holding(s) in Company

IP Group PLC
22 September 2006


                         IP Group plc ('the Company')

                        Disclosure of interest in shares


The Company received notification on 21 September 2006 that as at 19 September
2006, UBS AG had an interest in 17,617,931 ordinary 2p shares ('Ordinary
Shares') representing 7.30 per cent. of the Company's current issued share
capital.


The Ordinary Shares are registered as follows:

UBS Business Group / legal entity                         Shares Held        %

UBS AG London Branch                                     12,638,862       5.24%
UBS Global Asset Management Life Ltd                      4,979,069       2.06%

Total                                                    17,617,931       7.30%


Contact: Alan Aubrey 0207 489 5210


22 September 2006





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