Holding(s) in Company

IP Group PLC
02 May 2006


                             IP Group (the 'Company')

                        Disclosure of interest in shares


The Company was notified on 28 April 2006 that UBS AG had a material interest in
13,429,657 ordinary shares of 2 pence each ('Ordinary Shares'), representing
5.86% of the issued share capital of the Company.


The Ordinary Shares are registered as follows:
                                                          Shares Held        %

UBS AG London Branch                                      8,468,502       3.70%
UBS Global Asset Management Life Ltd                      4,961,155       2.16%

                                          Total          13,429,657       5.86%


The Company also received notification on 28 April 2006 that as at 27 April
2006, Merrill Lynch Investment Managers Group Limited had a material interest in
14,001,375 ordinary shares of 2 pence each, representing 6.11% of the issued
share capital of the Company.


Contact:

Alan Aubrey
020 7489 5200

02 May 2006


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