Holding(s) in Company

IP Group PLC
16 October 2006


IP Group (the 'Company')


                   Disclosure of material interest in shares


The Company was notified today that as at close of business on 12 October 2006,
Lehman Brothers International (Europe) had a material interest in 36,774,930
ordinary shares of 2p each representing 14.92 per cent. of the issued share
capital of the Company.


Contact:

Alan Aubrey

020 7489 5200


16 October 2006



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