Irish Continental Group plc : Holding(s) in Com...

14 October 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
Allied Irish Bank
Northern Trust Co. London
Bank of Ireland
5.   Date of the transaction and date on which the threshold is crossed or
reached:
October 12, 2011
6.   Date on which issuer notified;
October 13, 2011
7.   Threshold(s) that is/are crossed or reached:
5%



8.   Notified details:

+------------------------------------------------------------------------------+
|A) Voting rights attached to shares                                           |
+-------------+---------------------+------------------------------------------+
|Class/type of|Situation previous to|Resulting situation after the triggering  |
|shares (if   |the Triggering       |transaction                               |
|possible     |transaction          |                                          |
|using 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      |1,569,142 |1,569,142 |       |      |          |5.99% |         |
|             |          |          |       |      |1,489,606 |      |         |
|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 |
+-------------+-------------------------+--------------------+
|             | 1,489,606               | 5.99%              |
|             |                         |                    |
+-------------+-------------------------+--------------------+

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 10/13/2011.


































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Source: Irish Continental Group plc via Thomson Reuters ONE

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