Holding(s) in Company

Indian Restaurants Group PLC
29 February 2008

Form TR-1 with annex. FSA Version 2.1 updated April 2007


For filings with the FSA include the annex

For filings with issuer exclude the annex


TR-1: Notifications of Major Interests in Shares


                                                              

1. Identity of the issuer or the underlying issuer of
existing shares to which voting rights are attached:      Indian Restaurants Group plc


2. Reason for notification (yes/no)
                                                                              

An acquisition or disposal of voting rights               Yes


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


Other (please specify):______________
                                                          

3. Full name of person(s) subject to notification         BNP Paribas Arbitrage Snc
obligation:


4. Full name of shareholder(s) (if different from
3):
                                                     

5. Date of transaction (and date on which the             27/02/2008
threshold is crossed or reached if different):
                                                     

6. Date on which issuer notified:                         28/02/2008
                                                     

7. Threshold(s) that is/are crossed or reached:           3% holding




8: Notified Details
A: Voting rights attached to shares


Class/type of Situation previous to the Resulting situation after the triggering transaction
shares        triggering transaction
              Number of    Number of    Number of    Number of voting rights  Percentage of voting
If possible   shares       voting       shares                                rights
use ISIN code              rights

                                                     Direct      Indirect     Direct       Indirect
27/02/2008 GB00B0WHXB01 holding 1,086,480 shares / 11.4618%





B: Financial Instruments


Resulting situation after the triggering transaction


Type of financial    Expiration date      Exercise/ conversion No. of voting rights that Percentage of
instrument                                period/date          may be acquired (if the   voting rights
                                                               instrument exercised/
                                                               converted)







Total (A+B)


Number of voting rights                              Percentage of voting rights
1,086,480                                            11.4618%






9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively
held, if applicable:



Proxy Voting:


10. Name of proxy holder:


11. Number of voting rights proxy holder will cease
to hold:


12. Date on which proxy holder will cease to hold
voting rights:




13. Additional information:                           Disclosure made by BNPParibas London Branch


14 Contact name:                                      Darren Clarke


15. Contact telephone name:                           0207 595 4821





For notes on how to complete form TR-1 please see the FSA website.

Note: Annex should only be submitted to the FSA not the issuer


Annex: Notification of major interests in shares




A: Identity of the persons or legal entity subject to the notification obligation

Full name                                            India Outsourcing Services plc
(including legal form of legal entities)


Contact address                                      Indian Restaurants Group plc
(registered office for legal entities)               22 Soho Square
                                                     London
                                                     W1D 4NS

Phone number & email                                 020 7 297 0012
                                                     [e-mail]
Other useful information
(at least legal representative for legal persons)




B: Identity of the notifier, if applicable

Full name                                            BNP Paribas London Branch

Contact address                                      10 Harewood Avenue, London NW1 6AA

Phone number & email                                 0207 595 4821
                                                     [e-mail]

Other useful information

(e.g. functional relationship with the person or
legal entity subject to the notification obligation)


C: Additional information





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