Holding(s) in Company

IP Group PLC
22 May 2006


                          IP Group plc ('the Company')

                        Disclosure of interest in shares


The Company received notification on 19 May 2006 that as at 17 May 2006, UBS AG
had a material interest in 16,065,887 ordinary 2p shares ('Ordinary Shares')
representing 6.68 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                                     11,104,732       4.62%
UBS Global Asset Management Life Ltd                      4,961,155       2.06%

Total                                                    16,065,887       6.68%


Contact: Alan Aubrey 0207 489 5210

22 May 2006




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