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

13 October 2014

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 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:
BlackRock, Inc.
4.         Full name of shareholder(s) (if different from 3.):
5.         Date of the transaction and date on which the threshold is crossed or reached:
13^th October 2014
6.         Date on which issuer notified:
14^th October 2014
7.         Threshold(s) that is/are crossed or reached:
Holding has gone below 4%
8.         Notified details:

A) Voting rights attached to shares
Class/type of shares (if possible using the ISIN CODE)	Situation previous to the Triggering transaction		Resulting situation after the triggering transaction
	Number of Shares	Number of Voting rights	Number of shares	Number of voting rights		% of voting rights
			Direct	Direct	Indirect	Direct	Indirect
IE00BLP58571	7,403,429	7,403,429	N/A	N/A	7,375,272	N/A	3.99%
SUBTOTAL A (based on aggregate voting rights)						3.99%

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

Total (A+B)	number of voting rights	% of voting rights
7,375,272	7,375,272	3.99%

9.         Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
BlackRock Investment Management (UK) Limited - 7,375,272 (3.99%)
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 12 Throgmorton Avenue, London, EC2N 2DL on 14^th October 2014

Annex to the standard form TR-1

a)         Identity of the person or legal entity subject to the notification obligation:

Full name (including legal form for legal entities)	BlackRock, Inc.
Contact address (registered office for legal entities)	c/o 12 Throgmorton Avenue, London, EC2N 2DL
Phone number	[phone]
Other useful information (at least legal representative for legal persons)	BlackRock Regulatory Threshold Reporting Team

b)         Identity of the notifier, if applicable:

Full name	Tim Dudley
Contact address	12 Throgmorton Avenue, London, EC2N 2DL
Phone number	[phone]
Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation)	BlackRock Regulatory Threshold Reporting Team

c)         Additional information

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Irish Continental Group plc via Globenewswire

HUG#1862925