Holding(s) in Company

12 May 2010

Pursuant to its obligations under the Transparency (Directive 2004/109/EC)
Regulations 2007 ("The Regulations"), Irish Continental Group plc sets out below
details of a notification received under The Regulations.

Tom Corcoran
Company Secretary



                               Standard Form TR-1
    Voting rights attached to shares- Article 12(1) of directive 2004/109/EC
Financial instruments - Article 11(3) of the Commission Directive 2007/14/EC[i]

1.Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached[ii]: IRISH CONTINENTAL GROUP PLC
2.Reason for the notification (please tick the appropriate box or boxes):
[X] an acquisition or disposal of voting rights

[  ] an acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached

[ ]an event changing the breakdown of voting rights

3.Full name of person(s) subject to the notification obligation[iii]:
Artemis Investment Management Limited
4.Full name of shareholder(s) (if different from 3.)[iv]:
Artemis UK Special Situations Fund
Institutional Special Situations
Pearson
Prudential Staff Pension Scheme
Akzo Nobel Pension Schem
Barclays UK Alpha
L&G(Barclays) MM Alpha Fund
L&G(Barclays) Series2 MM Alpha Fund
Witan Investment Trust

5. Date of the transaction and date on which the threshold is crossed or
reached[v]:
11 May 2010
6.Date on which issuer notified; 12 May 2010
7. Threshold(s) that is/are crossed or reached: 5% and 4%
8. Notified details:
+-----------------------------------------------------------------------------------------+
|A) Voting rights attached to shares                                                      |
+------------+-----------------------+----------------------------------------------------+
|Class/type  |Situation previous to  |Resulting situation after the triggering            |
|of shares   |the Triggering         |transaction[vii]                                    |
|(if possible|transaction[vi]        |                                                    |
|using the   +------------+----------+---------+--------------------------+---------------+
|ISIN CODE)  |Number of   |Number of |Number of|Number of voting          |% of voting    |
|            |Shares[viii]|Voting    |shares[x]|rights[xi]                |rights         |
|            |            | ights[ix]+---------+-----------+--------------+------+--------+
|            |            |          |Direct   |Direct[xii]|Indirect[xiii]|Direct|Indirect|
+------------+------------+----------+---------+-----------+--------------+------+--------+
|IE0033336516|1,432,568   |1,432,568 |920,821  |920,821    |              |3.74% |        |
+------------+------------+----------+---------+-----------+--------------+------+--------+
|            |            |          |         |           |              |      |        |
+------------+------------+----------+---------+-----------+--------------+------+--------+
|SUBTOTAL A  |1,432,568   |1,432,568 |920,821  |920,821                   |3.74%          |
|(based on   |            |          |         |                          |               |
|aggregate   |            |          |         |                          |               |
|voting      |            |          |         |                          |               |
|rights)     |            |          |         |                          |               |
+------------+------------+----------+---------+--------------------------+---------------+-+
|B) Financial Instruments                                                                   |
+-------------------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction[xiv]                                  |
+------------+-------------+--------------------+--------------------------+----------------+
|Type of     |Expiration   |Exercise/Conversion |Number of voting rights   |% of voting     |
|financial   |Date[xv]     | Period/ Date[xvi]  |that may be acquired if   |rights          |
|instrument  |             |                    |the instrument is         |                |
|            |             |                    |exercised/converted       |                |
+------------+-------------+--------------------+--------------------------+----------------+
|            |             |                    |                          |                |
+------------+-------------+--------------------+--------------------------+----------------+
|            |             |                    |                          |                |
+------------+-------------+--------------------+--------------------------+----------------+
                           |SUBTOTAL B (in      |                          |                |
                           |relation to all     |                          |                |
                           |expiration dates)   |                          |                |
                           +--------------------+--------------------------+----------------+

+-------------+-------------------------+--------------------+
| Total (A+B) | number of voting rights | % of voting rights |
+-------------+-------------------------+--------------------+
| 920,821     | 920,821                 | 3.74%              |
+-------------+-------------------------+--------------------+

9.Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable[xvii]:
10.In case of proxy voting: [name of the proxy holder] will cease to hold
[number] voting rights as of [date].
11.Additional information:
Done at [place] on [date].

Annex to the standard form TR-1[xviii]
a)Identity of the person or legal entity subject to the notification obligation:
Full name (including legal form for legal  Artemis Investment Management Limited
entities)

Contact address (registered office for     42 Melville Street
legal entities)                            Edinburgh, EH3 7HA

Phone number                               0131 718 0429

Other useful information (at least legal   ..................
representative for legal persons)
b)Identity of the notifier, if applicable[xix]:
Full name    .....................................................................

Contact      .....................................................................
address      .....................................................................

Phone number .....................................................................

Other useful
information
(e.g.
functional
relationship
with the
person or
legal entity
subject to
the
notification
obligation)
c)Additional information














Notes to Form TR-1

[i] This  form is to be sent to the  issuer or underlying issuer and to be filed
with the competent authority.

[ii] Either  the full name of the legal entity or another method for identifying
the issuer or underlying issuer, provided it is reliable and accurate.

[iii] This  should be  the full  name of  (a) the  shareholder; (b)  the natural
person  or legal entity  acquiring, disposing of  or exercising voting rights in
the  cases provided for  in Article 10 (b)  to (h) of Directive 2004/109/EC; (c)
all  the  parties  to  the  agreement  referred  to  in  Article  10 (a) of that
Directive, or (d) the holder of financial instruments entitled to acquire shares
already issued to which voting rights are attached, as appropriate.

In  relation to the transactions referred to in points (b) to (h) of Article 10
of  that Directive, the following list is  provided as indication of the persons
who should be mentioned:

-in  the circumstances foreseen  in letter (b)  of Article 10 of that Directive,
the  natural  person  or  legal  entity  that  acquires the voting rights and is
entitled  to exercise them under  the agreement and the  natural person or legal
entity who is transferring temporarily for consideration the voting rights;

-in  the circumstances foreseen  in letter (c)  of Article 10 of that Directive,
the  natural person or legal entity  holding the collateral, provided the person
or  entity controls the  voting rights and  declares its intention of exercising
them,  and natural  person or  legal entity  lodging the  collateral under these
conditions;

-in  the circumstances foreseen  in letter (d)  of Article 10 of that Directive,
the  natural person or  legal entity who  has a life  interest in shares if that
person  or entity  is entitled  to exercise  the voting  rights attached  to the
shares  and the natural  person or legal  entity who is  disposing of the voting
rights when the life interest is created;

-in  the circumstances foreseen  in letter (e)  of Article 10 of that Directive,
the  controlling  natural  person  or  legal  entity  and,  provided  it  has  a
notification  duty at an individual level  under Article 9, under letters (a) to
(d)  of Article  10 of that  Directive or  under a  combination of  any of those
situations, the controlled undertaking;

-in  the circumstances foreseen  in letter (f)  of Article 10 of that Directive,
the  deposit taker of the shares, if  he can exercise the voting rights attached
to  the shares deposited  with him at  his discretion, and  the depositor of the
shares  allowing  the  deposit  taker  to  exercise  the  voting  rights  at his
discretion;

-in  the circumstances foreseen  in letter (g)  of Article 10 of that Directive,
the natural person or legal entity that controls the voting rights;

-in  the circumstances foreseen  in letter (h)  of Article 10 of that Directive,
the  proxy holder, if he  can exercise the voting  rights at his discretion, and
the  shareholder who has given his proxy to the proxy holder allowing the latter
to exercise the voting rights at his discretion.
[iv] Applicable  in the cases provided for in Article 10 (b) to (h) of Directive
2004/109/EC. This  should  be  the  full  name  of  the  shareholder  who is the
counterparty  to the natural person or legal entity referred to in Article 10 of
that  Directive unless the holdings of the shareholder would be lower than 5% of
the total number of voting rights.

[v] The  date  of  the  transaction  should  normally  be,  in the case of an on
exchange  transaction, the date on  which the matching of  orders occurs; in the
case of an off exchange transaction, date of the entering into an agreement.

The  date on which threshold is crossed should normally be the date on which the
acquisition, disposal or possibility to exercise voting rights takes effect. For
passive crossings, the date when the corporate event took effect.

[vi] Please  refer to the  situation disclosed in  the previous notification. In
case  the situation previous to the  triggering transaction was below 3%, please
state "below 3%".

[vii] If the holding has fallen below the minimum threshold, the notifying party
should  not be obliged to disclose the extent  of the holding, only that the new
holding is below 3%.

For  the  case  provided  for  in  Article 10(a) of Directive 2004/109/EC, there
should be no disclosure of individual holdings per party to the agreement unless
a  party individually  crosses or  reaches an  Article 9 threshold. This applies
upon entering into, introducing changes to or terminating an agreement.

[viii] To be used in Member States where applicable.

[ix] Direct and indirect.

[x] To be used in Member States where applicable.

[xi] In  case of combined holdings of shares with voting rights attached "direct
holding"  and voting rights  "indirect holding", please  split the voting rights
number  and percentage  into the  direct and  indirect columns  - if there is no
combined holdings, please leave the relevant box blank.

[xii] Voting rights attached to shares held by the notifying party (Article 9 of
Directive 2004/109/EC).

[xiii] Voting rights held by the notifying party independently of any holding of
shares (Article 10 of Directive 2004/109/EC).

[xiv] If the holding has fallen below the minimum threshold, the notifying party
should  not be obliged to disclose the extent  of the holding, only that the new
holding is below 3%.

[xv] Date  of maturity/expiration of the financial instrument i.e. the date when
right to acquire shares ends.

[xvi] If the financial instrument has such a period - please specify this period
- for example once every 3 months starting from [date].

[xvii] The   notification   should   include   the  name(s)  of  the  controlled
undertakings  through which the voting rights  are held. The notification should
also  include  the  amount  of  voting  rights  and  the percentage held by each
controlled undertaking, insofar as individually the controlled undertaking holds
3% or  more,  and  insofar  as  the  notification  by  the parent undertaking is
intended to cover the notification obligations of the controlled undertaking.

[xviii] This annex is only to be filed with the competent authority.

[xix] Whenever   another   person  makes  the  notification  on  behalf  of  the
shareholder  or the natural person/legal entity   referred to in Articles 10 and
13 of Directive 2004/109/EC



[HUG#1415285]