Holding(s) in Company

Irish Continental Group PLC
14 September 2004





                            IRISH CONTINENTAL GROUP



                          STOCK EXCHANGE ANNOUNCEMENT



Notification of Substantial Shareholding

Pursuant to the obligation placed on us by paragraph 9.11 of the Listing Rules,
we advise that on 14th September 2004, the Company received notification that
Allied Irish Banks plc and its subsidiaries has a notifiable interest in
2,676,428 ICG Units, representing 11.1% of the Company's issued share capital.

The breakdown of registered holders has been notified as follows:

Registered Holder .................................No. of Shares held

AIB Custodial Nominees Limited (A/C 184321) ...........321,215

AIB Custodial Nominees Limited(A/C 184224)..............22,756

AIB Custodial Nominees Limited (A/C 184345)..............9,391

AIB Custodial Nominees Limited (A/C 184219)..............6,810

AIB Custodial Nominees Limited (A/C 184201)........... 584,479

AIB Custodial Nominees Limited (A/C 184316).............29,744

Bank of New York Nominees Ltd...........................23,203

Nortrust Nominees Ltd...................................73,937

BNY Custodial Nominees (Ireland) Ltd (A/C 184615).......19,267

Skerries Nominees Ltd...................................93,151

Goodbody Stockbroker Nominees Ltd....................1,482,775

Alibank Nominees Limited  (A/C T04715)...................3,600

Alibank Nominees Limited  (A/C T04716).................. 3,300

Alibank Nominees Limited  (A/C T00018).................. 2,800









___________________________

14th September 2004


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