Holding(s) in Company

Irish Continental Group PLC
15 March 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 15th March 2004, the Company received notification that Allied
Irish Banks plc and its subsidiaries has a notifiable interest in 2,199,029 ICG
Units, representing 9.2% 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) ............324,757

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

AIB Custodial Nominees Limited (A/C 184315)..............47,120

AIB Custodial Nominees Limited (A/C 184219)...............7,545

AIB Custodial Nominees Limited (A/C 184224)..............25,084

AIB Custodial Nominees Limited (A/C 184201)............ 603,746

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

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

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

Skerries Nominees Ltd.................................1,047,602

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

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







___________________________

15th March 2004


                      This information is provided by RNS
            The company news service from the London Stock Exchange