Holding(s) in Company

IP Group PLC
08 May 2007



TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES


1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached (ii):

IP Group Plc


Sedol B128J45


2. Reason for the notification (please state Yes/No): ( )


An acquisition or disposal of voting rights: ( no )


An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached: ( no )


An event changing the breakdown of voting rights: ( no )


Other (please specify) : Change in share capital ( yes )


3. Full name of person(s) subject to the notification obligation (iii):
          
1.   Lansdowne Partners Limited being the General Partner of Lansdowne Partners 
     Limited Partnership
2.   Lansdowne UK Equity Fund Limited
3.   Lansdowne Partners International Limited


4. Full name of shareholder(s) (if different from 3.) (iv):

Morstan Nominees Ltd

(Registered Shareholder)


5. Date of the transaction (and date on which the threshold is crossed or
reached if different) (v):

N/A


6. Date on which issuer notified:

N/A


7. Threshold(s) that is/are crossed or reached:

9%


8. Notified details:

N/A


A: Voting rights attached to shares

Class/type of shares if possible using    Situation previous to the Triggering
the ISIN CODE                                       transaction (vi)
                                        Number of      Number of voting Rights
                                        shares         (viii)

Ordinary Shares                           24,674,785                24,674,785



Resulting situation after the triggering transaction (vii)

Class/type of shares if possible Number of  Number of voting     % of voting
using the ISIN CODE              shares     rights (ix)          rights

                                 Direct     Direct Indirect (xi) Direct Indirect
                                            (x)

                                        0      0    24,674,785    0.0%    9.99%


B: Financial Instruments

Resulting situation after the triggering transaction (xii)

Type of     Expiration Exercise/       Number of voting rights that may  % of
financial   Date       Conversion      be acquired if the instrument is  voting
instrument  (xiii)     Period/ Date    exercised/ converted.             rights
                       (xiv)



                             N/A



Total (A+B)
Number of voting rights                      % of voting rights

                                24,674,785                                9.99%


9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable (xv):

Lansdowne Partners International Limited is the parent undertaking of Lansdowne
Partners Limited


Proxy Voting:


10. Name of the proxy holder:

Lansdowne Partners Limited


11. Number of voting rights proxy holder will cease to hold:

N/A


12. Date on which proxy holder will cease to hold voting rights:

N/A


13. Additional information:

1.      Lansdowne Partners Limited being the General Partner of Lansdowne
Partners Limited Partnership ('LPLP') controls 24,674,785 voting rights
representing 9.99%

2.      Lansdowne UK Equity Fund Limited owns 23,488,498 voting rights
representing 9.51%

3.      The balancing 0.48% of shares is held on behalf of other client funds
managed by LPLP



14. Contact name:

Lois Molloy


15. Contact telephone number:

[phone]



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