Director/PDMR Shareholding

Notification of Transactions of Directors/Persons Discharging Managerial
                      Responsibility and Connected Persons

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:                       |
|  |                                     |  |(i)    a transaction notified in  |
|  |                                     |  |accordance with Market Abuse      |
|  |IRISH CONTINENTAL GROUP PLC          |  |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 managerial|4 |State whether notification relates|
|  |responsibilities/director            |  |to a person connected with a      |
|  |                                     |  |person discharging managerial     |
|  |Eamonn Rothwell                      |  |responsibilities/director named in|
|  |                                     |  |3 and identify the connected      |
|  |                                     |  |person                            |
|  |                                     |  |                                  |
|  |                                     |  |                                  |
+--+-------------------------------------+--+----------------------------------+
|5 |Indicate whether the notification is |6 |Description of shares (including  |
|  |in respect of a holding of the person|  |class) debentures or derivatives  |
|  |referred to in 3 or 4 above or in    |  |or financial instruments relating |
|  |respect of a non-beneficial interest |  |to shares                         |
|  |                                     |  |                                  |
|  |IN RESPECT OF THE PERSON NAMED AT 3  |  |ICG UNITS (each consisting of 1   |
|  |                                     |  |ordinary share and 10 redeemable  |
|  |                                     |  |shares)                           |
|  |                                     |  |                                  |
|  |                                     |  |                                  |
+--+-------------------------------------+--+----------------------------------+
|7 |Name of registered shareholder(s)    |8 |State the nature of the           |
|  |and, if more than one, number of     |  |transaction                       |
|  |shares held by each of them          |  |                                  |
|  |                                     |  |(i)                  Exercise of  |
|  |Eamonn Rothwell                      |  |share options                     |
|  |                                     |  |                                  |
|  |                                     |  |(ii)                Sale of ICG   |
|  |                                     |  |Units                             |
|  |                                     |  |                                  |
|  |                                     |  |                                  |
+--+-------------------------------------+--+----------------------------------+
|9 |Number of shares, debentures or      |10|Percentage of issued class        |
|  |financial instruments relating to    |  |acquired (treasury shares of that |
|  |shares acquired                      |  |class should not be taken into    |
|  |                                     |  |account when calculating          |
|  |(i) 100,000 ICG Units                |  |percentage)                       |
|  |                                     |  |                                  |
|  |                                     |  |(i) 0.4%                          |
+--+-------------------------------------+--+----------------------------------+
|11|Number of shares, debentures or      |12|Percentage of issued class        |
|  |financial instruments relating to    |  |disposed (treasury shares of that |
|  |shares disposed                      |  |class should not be taken into    |
|  |                                     |  |account when calculating          |
|  | (ii) 100,000 ICG UNITS              |  |percentage)                       |
|  |                                     |  |                                  |
|  |                                     |  |(ii) 0.4%                         |
+--+-------------------------------------+--+----------------------------------+
|13|Price per share or value of          |14|Date and place of transaction     |
|  |transaction                          |  |                                  |
|  |                                     |  |11(th) May 2010 , Dublin          |
|  |(i)                  €7.35           |  |                                  |
|  |                                     |  |                                  |
|  |(ii)                €16.60           |  |                                  |
|  |                                     |  |                                  |
|  |                                     |  |                                  |
+--+-------------------------------------+--+----------------------------------+
|15|Total holding following notification |  |Date issuer informed of           |
|  |and total percentage holding         |  |transaction                       |
|  |following notification (any treasury |  |                                  |
|  |shares should not be taken into      |  |11(th) May 2010                   |
|  |account when calculating percentage) |  |                                  |
|  |                                     |  |                                  |
|  |Eamonn Rothwell                      |  |                                  |
|  |1,183,571 (4.7%)                     |  |                                  |
|  |                                     |  |                                  |
|  |Rokeby Investments Limited*          |  |                                  |
|  |2,755,400 (11.0%)                    |  |                                  |
|  |                                     |  |                                  |
|  |(*a company wholly owned and         |  |                                  |
|  |controlled by Eamonn Rothwell)       |  |                                  |
|  |                                     |  |                                  |
|  |                                     |  |                                  |
+--+-------------------------------------+--+----------------------------------+


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|20|Description of shares or debentures involved   |
|  |any)  for  grant  of the|  |(class and number)                             |
|  |option                  |  |                                               |
|  |                        |  |                                               |
|  |                        |  |                                               |
+--+------------------------+--+-----------------------------------------------+
|21|Exercise price (if fixed|22|Total number of shares or debentures over which|
|  |at time of grant) or    |  |options are held following notification        |
|  |indication that the     |  |                                               |
|  |price is to be fixed at |  |                                               |
|  |the time of exercise    |  |                                               |
|  |                        |  |                                               |
|  |                        |  |                                               |
+--+------------------------+--+-----------------------------------------------+
|23|Any additional          |24|Name of contact and telephone number for       |
|  |information             |  |queries                                        |
|  |                        |  |                                               |
|  |                        |  |TOM CORCORAN - 01 8552222                      |
+--+------------------------+--+-----------------------------------------------+
|Name and signature of duly designated officer of issuer responsible for making|
|notification                                                                  |
|                                                                              |
|____________________________________________________                          |
|                                                                              |
|Date of notification ________________11(th) May 2010___________________       |
+------------------------------------------------------------------------------+




[HUG#1414960]