Holding(s) in Company

IP2IPO Group PLC
24 May 2005


                                IP2IPO GROUP PLC

                                ('the Company')

Disclosure of Material Interest in Shares - Companies Act 1985, Section 198-202

The Company received the following notification from Commerzbank on 24 May 2005:

As at 22 March 2005 Commerzbank AG had an interest in 2,027,886 ordinary shares
of 10p each (the 'shares') representing 4.7% of the then issued share capital of
the Company.

Contact:
John Davies
020 7489 5200

24 May 2005



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