Holding(s) in Company

IP Group PLC
28 June 2006


                                  IP GROUP PLC

                                ('the Company')

                               Holding in Company


Disclosure of Material Interest in Shares - Companies Act 1985, Section 198 -
202

The Company received notification on 26 June 2006 that pursuant to s198 of the
Companies Act 1985, as at close of business on 20 June 2006, Lehman Brothers
International (Europe) had an interest in 21,977,022 ordinary shares of the
Company representing 9.59 per cent. of the issued share capital of the Company.


Contact:
Alan Aubrey
020 7489 5200


28 June 2006



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