Holding(s) in Company

30 May 2011

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
1.        Identity of the issuer or the underlying issuer of existing shares to
           which voting rights are attached: IRISH CONTINENTAL GROUP

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:
Franklin Templeton Institutional , LLC
4.Full name of shareholder(s) (if different from 3.):
JP Morgan Chase Bank Dublin
Bank of Ireland
Mellon Bank London
Bank of New York London
Northern Trust Co. London
5. Date of the transaction and date on which the threshold is crossed or
reached:
May 26, 2011
6.Date on which issuer notified;
May 27, 2011
7. Threshold(s) that is/are crossed or reached:
6%
8. Notified details:

+------------------------------------------------------------------------------+
|A) Voting rights attached to shares                                           |
+--------------+-------------------+-------------------------------------------+
|Class/type of |Situation previous |Resulting situation after the triggering   |
|shares (if    |to the Triggering  |transaction                                |
|possible using|transaction        |                                           |
|the ISIN CODE)+---------+---------+--------+-----------------+----------------+
|              |Number of|Number of|Number  |Number of voting |% of voting     |
|              |Shares   |Voting   |of      |rights           |rights          |
|              |         |rights   |shares  |                 |                |
|              |         |         +--------+------+----------+------+---------+
|              |         |         |Direct  |Direct|Indirect  |Direct|Indirect |
+--------------+---------+---------+--------+------+----------+------+---------+
|Ordinary :    |         |         |        |      |          |      |         |
|Unit EUR      |         |         |        |      |          |      |         |
|NPV .65       |969,142  |969,142  |        |      |          |6.25% |         |
|              |         |         |        |      |1,569,142 |      |         |
|ISIN          |         |         |        |      |          |      |         |
|IE0033336516  |         |         |        |      |          |      |         |
|              |         |         |        |      |          |      |         |
+--------------+---------+---------+--------+------+----------+------+---------+
|              |         |         |        |      |          |      |         |
+--------------+---------+---------+--------+------+----------+------+---------+
|SUBTOTAL A    |         |         |        |                 |                |
|(based on     |         |         |        |                 |                |
|aggregate     |         |         |        |                 |                |
|voting rights)|         |         |        |                 |                |
+--------------+---------+---------+--------+-----------------+----------------+

+------------------------------------------------------------------------------+
|B) Financial Instruments                                                      |
+------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction                          |
+------------+------------+---------------------+---------------------+--------+
|Type of     |Expiration  |Exercise/Conversion  |Number of voting     |% of    |
|financial   |Date        | Period/ Date        |rights that may be   |voting  |
|instrument  |            |                     |acquired if the      |rights  |
|            |            |                     |instrument is        |        |
|            |            |                     |exercised/converted  |        |
+------------+------------+---------------------+---------------------+--------+
|            |            |                     |                     |        |
+------------+------------+---------------------+---------------------+--------+
|            |            |                     |                     |        |
+------------+------------+---------------------+---------------------+--------+
                          |SUBTOTAL B (in       |                     |        |
                          |relation to all      |                     |        |
                          |expiration dates)    |                     |        |
                          +---------------------+---------------------+--------+

+-------------+-------------------------+--------------------+
| Total (A+B) | number of voting rights | % of voting rights |
+-------------+-------------------------+--------------------+
|             | 1,569,142               | 6.25%              |
|             |                         |                    |
+-------------+-------------------------+--------------------+

9.Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:
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 Fort Lauderdale, USA on 05/27/2011.


































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Source: Irish Continental Group plc via Thomson Reuters ONE

[HUG#1519856]