Long Term Incentive Plan

IP Group PLC
22 May 2007


22 May 2007

                                  IP GROUP PLC
                           ('IP Group' or 'Company')

                           Long term incentive plan


Following the approval of the Company's Long Term Incentive Plan ('the LTIP') at
the Company's Annual General Meeting held on 24th April 2007, IP Group announces
that on 21 May 2007, the Company conditionally awarded a total of 2,824,626
ordinary shares of 2 pence each ('Ordinary Shares') to existing directors and
employees of the Company ('the Award').


The Ordinary Shares, which are subject to performance conditions, will only be
issued upon allocation and will be allocated subject to the rules of the LTIP
and satisfaction of the performance condition therein.


A copy of the LTIP rules is available to shareholders upon request.

For further information, please contact:

IP Group plc 020 7489 5200
Alan Aubrey, Chief Executive Officer
Liz Vaughan-Adams (Communications) 020 7489 5206/07979 853802

Buchanan
Tim Anderson, Mary-Jane Johnson, Mark Court 020 7466 5000

Notes for Editors:

About IP Group

IP Group Plc is an intellectual property (IP) commercialisation company that
specialises in commercialising university  technology. Founded in 2001, IP Group
listed on AiM in October 2003 and moved to the Official List in June 2006. It
has  made two acquisitions to date - Techtran Group Limited, a company set up to
commercialise university intellectual  property under a long term contract with
the University of Leeds, in 2005 and Top Technology Ventures, an investment 
adviser to early stage technology venture capital funds, in 2004.

The Company has formed long-term partnerships with ten universities - the
University of Oxford, King's College London,  CNAP/University of York, the
University of Leeds, the University of Bristol, the University of Surrey, the
University  of Southampton, Queen Mary (University of London), the University of
Bath and the University of Glasgow.

As at 31 December 2006, 53 spin-out companies had been created among the
Company's university partners. Of those, eight  have listed on the AiM market of
the London Stock Exchange, one on PLUS Markets and there have been two trade
sales.

For more information, please visit our website at www.ipgroupplc.com.

ENDS




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