Director/PDMR Shareholding (Amended)

Notification of Transactions of Directors/Persons Discharging
           Managerial Responsibility and Connected Persons
The following announcement replaces the announcement released 22nd
June 2007 at 17.22.
This form is intended for use by an issuer to make a RIS notification
required by the Market Abuse Rules and section 53 (as extended by
section 64 of the Companies Act 1990) or entered into the issuer's
register in accordance with section 59 of the Companies Act 1990.

(1)       An issuer making a notification in respect of a transaction
relating to the shares or debentures of the issuer should complete
boxes 1 to 16, 23 and 24.

(2)              An issuer making a notification in respect of a
derivative relating to the shares of the issuer should complete boxes
1 to 4, 6, 8, 13, 14, 16, 23 and 24.

(3)              An issuer making a notification in respect of
options granted to a director/person discharging managerial
responsibilities should complete boxes 1 to 3 and 17 to 24

(4)              An issuer making a notification in respect of a
financial instrument relating to the shares of the issuer (other than
a debenture) should complete the boxes 1 to 4, 6, 8, 9, 11, 13, 14,
16, 23 and 24.

All relevant boxes should be completed in block capital letters


+-------------------------------------------------------------------+
| 1  | Name of the Issuer         | 2  | State whether the          |
|    |                            |    | notification relates to:   |
|    | IRISH CONTINENTAL GROUP    |    | (i)    a transaction       |
|    | PLC                        |    | notified in accordance     |
|    |                            |    | with Market Abuse Rules;   |
|    |                            |    |                            |
|    |                            |    | (ii)   a disclosure made   |
|    |                            |    | in accordance with section |
|    |                            |    | 53 (as extended by section |
|    |                            |    | 64 of the Companies Act    |
|    |                            |    | 1990) or entered into the  |
|    |                            |    | issuer's register in       |
|    |                            |    | accordance with section 59 |
|    |                            |    | of the Companies Act 1990; |
|    |                            |    | or                         |
|    |                            |    | (iii) both (i) and (ii).   |
|    |                            |    |                            |
|    |                            |    | (iii) both                 |
|    |                            |    |                            |
|----+----------------------------+----+----------------------------|
| 3  | Name of person discharging | 4  | State whether notification |
|    | managerial                 |    | relates to a person        |
|    | responsibilities/director  |    | connected with a person    |
|    | EAMONN ROTHWELL            |    | discharging managerial     |
|    |                            |    | responsibilities/director  |
|    |                            |    | named in 3 and identify    |
|    |                            |    | the connected person       |
|    |                            |    | N/A                        |
|----+----------------------------+----+----------------------------|
| 5  | Indicate whether the       | 6  | Description of shares      |
|    | notification is in respect |    | (including class)          |
|    | of a holding of the person |    | debentures or derivatives  |
|    | referred to in 3 or 4      |    | or financial instruments   |
|    | above or in respect of a   |    | relating to shares         |
|    | non-beneficial interest    |    | ICG UNITS (each consisting |
|    | Yes, EAMONN ROTHWELL       |    | of 1 ordinary share and 3  |
|    |                            |    | redeemable shares)         |
|----+----------------------------+----+----------------------------|
| 7  | Name of registered         | 8  | State the nature of the    |
|    | shareholder(s) and, if     |    | transaction                |
|    | more than one, number of   |    | (I) ACQUISITION OF         |
|    | shares held by each of     |    | INTEREST IN ICG UNITS, AND |
|    | them                       |    | (II) ENTRY INTO CONTRACT   |
|    | EAMONN ROTHWELL -          |    | FOR DIFFERENCE IN RESPECT  |
|    | 3,052,771 ICG UNITS        |    | OF ICG UNITS               |
|----+----------------------------+----+----------------------------|
| 9  | Number of shares,          | 10 | Percentage of issued class |
|    | debentures or financial    |    | acquired (treasury shares  |
|    | instruments relating to    |    | of that class should not   |
|    | shares acquired            |    | be taken into account when |
|    | 1,750,200 ICG UNITS        |    | calculating  percentage)   |
|    | (OF WHICH 736,00 HELD VIA  |    | 7.4% (4.28% ACQUISITION OF |
|    | A CONTRACT FOR DIFFERENCE) |    | SHARES ; 3.12% CONTRACTS   |
|    |                            |    | FOR DIFFERENCE)            |
|----+----------------------------+----+----------------------------|
| 11 | Number of shares,          | 12 | Percentage of issued class |
|    | debentures or financial    |    | disposed (treasury shares  |
|    | instruments relating to    |    | of that class should not   |
|    | shares disposed            |    | be taken into account when |
|    | N/A                        |    | calculating  percentage)   |
|    |                            |    | N/A                        |
|----+----------------------------+----+----------------------------|
| 13 | Price per share or value   | 14 | Date and place of          |
|    | of transaction             |    | transaction                |
|    | ¤22.00                     |    | 20TH JUNE 2007, DUBLIN     |
|----+----------------------------+----+----------------------------|
| 15 | Total holding following    | 16 | Date issuer informed of    |
|    | notification and total     |    | transaction                |
|    | percentage holding         |    | 20TH JUNE 2007             |
|    | following notification     |    |                            |
|    | (any treasury shares       |    |                            |
|    | should not be taken into   |    |                            |
|    | account when calculating   |    |                            |
|    | percentage)                |    |                            |
|    | 3,052,711 ICG              |    |                            |
|    | UNITS           12.9%      |    |                            |
|    | (IN ADDITION, EAMONN       |    |                            |
|    | ROTHWELL HAS A CONTRACT    |    |                            |
|    | FOR DIFFERENCE IN RESPECT  |    |                            |
|    | OF 736,000 ICG UNITS)      |    |                            |
+-------------------------------------------------------------------+



If a person discharging managerial responsibilities has been granted
options by the issuer, complete the following boxes:


+-------------------------------------------------------------------+
| 17 | Date of grant                 | 18 | Period during which or  |
|    |                               |    | date on which it can be |
|    |                               |    | exercised               |
|----+-------------------------------+----+-------------------------|
| 19 | Total amount paid (if any)    | 20 | Description of shares   |
|    | for grant of the option       |    | or debentures involved  |
|    |                               |    | (class and number)      |
|----+-------------------------------+----+-------------------------|
| 21 | Exercise price (if fixed at   | 22 | Total number of shares  |
|    | time of grant) or indication  |    | or debentures over      |
|    | that the price is to be fixed |    | which options are held  |
|    | at the time of exercise       |    | following notification  |
|----+-------------------------------+----+-------------------------|
| 23 | Any additional information    | 24 | Name of contact and     |
|    |                               |    | telephone number for    |
|    |                               |    | queries                 |
|    |                               |    | TOM CORCORAN - 01       |
|    |                               |    | 8552222                 |
|-------------------------------------------------------------------|
| Name and signature of duly designated officer of issuer           |
| responsible for making notification                               |
| ____________________________________________________              |
| Date of notification ________________26TH JUNE                    |
| 2007___________________                                           |
+-------------------------------------------------------------------+

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