Holding(s) in Company

IP Group PLC 20 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 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) : Notification under revised Disclosure and Transparency Rules 3. Full name of person(s) subject to the notification obligation (iii): The Tudor Group (Tudor Capital (U.K.) L.P.) 4. Full name of shareholder(s) (if different from 3.) (iv): LBPB Nominees Limited 5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v): - 6. Date on which issuer notified: 19 March 2007 7. Threshold(s) that is/are crossed or reached: 7% 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 GB00B128J450 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 19,308,295 7.83% 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 19,308,295 7.83% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv): The Tudor BVI Global Portfolio Ltd is an investment fund advised by members of the Tudor Group of companies. Tudor Proprietary Trading LLC is the proprietary trading vehicle of the Tudor Group of companies. The Tudor Group is making the disclosure on behalf of the investment managers. Proxy Voting: 10. Name of the proxy holder: N/A 11. Number of voting rights proxy holder will cease to hold: N/A 12. Date on which proxy holder will cease to hold voting rights: N/A 13. Additional information: N/A 14. Contact name: Tudor Capital (U.K.) L.P. 15. Contact telephone number: 020 8786 3900 This information is provided by RNS The company news service from the London Stock Exchange

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