Holding(s) in Company

Intercede Group PLC
09 December 2005


                              Intercede Group plc

                                ('The Company')

                               Holding in Company

The Company received notification on 8 December 2005 that, pursuant to an
agreement dated 7 December 2005, San Mackenzie Enterprises Ltd. has acquired
1,207,845 ordinary shares of 1p each representing 3.6% of the Company's issued
share capital and accordingly now has a total notifiable interest of 1,463,216
ordinary shares representing 4.3% of the Company's issued share capital.



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