Holding(s) in Company

IP Group PLC
17 May 2006


                           IP Group plc ('the Company')

                        Disclosure of interest in shares


The Company received notification on 16 May 2006 that as at 12 May 2006 UBS AG
had a material interest in 15,403,887 ordinary 2p shares ('Ordinary Shares')
representing 6.73 per cent. of the Company's issued share capital.


The Ordinary Shares are registered as follows:

UBS Business Group / legal entity                         Shares Held        %

UBS AG London Branch                                     10,442,732       4.56%
UBS Global Asset Management Life Ltd                      4,961,155       2.17%

                                          Total          15,403,887       6.73%


Contact -Alan Aubrey 0207 489 5210


17 May 2006






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