Holding(s) in Company

IP Group PLC
15 March 2007



TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES


1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached (ii):

IP Group Plc

Sedol B128J45


2. Reason for the notification (please state Yes/No):


An acquisition or disposal of voting rights: (No)


An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached: (No)


An event changing the breakdown of voting rights: (No)


Other (please specify) : DTR Transitional Provision 7


3. Full name of person(s) subject to the notification obligation (iii):

1) Lansdowne Partners Limited being the General Partner of Lansdowne Partners
Limited Partnership


2) Lansdowne UK Equity Fund Limited


3) Lansdowne Partners International Limited


4. Full name of shareholder(s) (if different from 3.) (iv):

Morstan Nominees Ltd

(Registered Shareholder)


5. Date of the transaction (and date on which the threshold is crossed or
reached if different) (v):

N/A


6. Date on which issuer notified:

N/A


7. Threshold(s) that is/are crossed or reached:

10%


8. Notified details:

-



A: Voting rights attached to shares

Class/type of shares if possible        Situation previous to the
using the ISIN CODE                    Triggering transaction (vi)
                                   Number of    Number of voting
                                   shares       Rights (viii)

Ordinary Shares                    24,674,785   24,674,785



Resulting situation after the triggering transaction (vii)

Class/type of shares Number of shares  Number of voting rights    % of voting rights
if possible using                      (ix)
the ISIN CODE
                     Direct            Direct (x) Indirect (xi)   Direct    Indirect

                     0                 0          24,674,785      0.0%      10.01%



B: Financial Instruments

Resulting situation after the triggering transaction (xii)

Type of     Expiration Date  Exercise/Conversion Number of voting     % of voting
financial   (xiii)           Period/ Date (xiv)  rights that may be   rights
instrument                                       acquired if the
                                                 instrument is
                                                 exercised/
                                                 converted.





Total (A+B)
Number of voting       % of voting
rights                 rights
24,674,785             10.01%


9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable (xv):

Lansdowne Partners International Limited is the parent undertaking of Lansdowne
Partners Limited.


Proxy Voting:


10. Name of the proxy holder:

Lansdowne Partners Limited


11. Number of voting rights proxy holder will cease to hold:

-


12. Date on which proxy holder will cease to hold voting rights:

-

13. Additional information:

1) Lansdowne Partners Limited being the General Partner of Lansdowne Partners
Limited Partnership ('LPLP') controls 24,674,785 voting rights representing
10.01%


2) Lansdowne UK Equity Fund Limited owns 23,488,498 voting rights representing
9.53%


The balancing 0.48% of shares is held on behalf of other client funds managed by
LPLP


14. Contact name:

Lois Molloy


15. Contact telephone number:

[phone]


Annex to Notification Of Major Interests In Shares (xvi)


A: Identity of the person or legal entity subject to the notification obligation


Full name (including legal form for legal entities):

1) Lansdowne Partners Limited being the General Partner of Lansdowne Partners
Limited Partnership


2) Lansdowne UK Equity Fund Limited


3) Lansdowne Partners International Limited


Contact address (registered office for legal entities):

15 Davies Street, London, W1K 3AG


Phone number:

[phone]


Other useful information (at least legal representative for legal persons):

-


B: Identity of the notifier, if applicable (xvii)


Full name:

-


Contact address:

-


Phone number:

-


Other useful information (e.g. functional relationship with the person or legal
entity subject to the notification obligation):

-


C: Additional information :

1) Lansdowne Partners Limited being the General Partner of Lansdowne Partners
Limited Partnership ('LPLP') controls 24,674,785 voting rights representing
10.01%


2) Lansdowne UK Equity Fund Limited owns 23,488,498 voting rights representing
9.53%


The balancing 0.48% of shares is held on behalf of other client funds managed by
LPLP



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