Holding(s) in Company

IP Group PLC
01 December 2006


                                 IP Group Plc

                                (The 'Company')


                        Disclosure of interest in shares


The Company received notification on 30 November 2006 that as of 28 November
2006, Morgan Stanley Securities Limited ('MSSL') and the group companies which
are direct or indirect holding companies of MSSL, no longer have a notifiable
interest in the ordinary shares of the Company.


1 December 2006



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