Director/PDMR Shareholding

InterContinental Hotels Group PLC
15 July 2005


NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY OR CONNECTED PERSONS

This form is intended for use by an issuer to make a RIS notification required
by DR 3.1.4R(1).

     
(1)  An issuer making a notification in respect of a transaction relating to the 
     shares or debentures of the issuer should complete boxes 1 to 16, 23 and 
     24.

(2)  An issuer making a notification in respect of a derivative relating to the 
     shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 
     24.

(3)  An issuer making a notification in respect of options granted to a 
     director/person discharging managerial responsibilities should complete 
     boxes 1 to 3 and 17 to 24.

(4)  An issuer making a notification in respect of a financial instrument 
     relating to the shares of the issuer (other than a debenture) should 
     complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.


Please complete all relevant boxes in block capital letters.



1. Name of the issuer

InterContinental Hotels Group PLC


2. State whether the notification relates to (i) a transaction notified in
accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in
accordance with section 324 (as extended by section 328) of the Companies Act
1985; or (iii) both (i) and (ii)


(i) a transaction notified in accordance with DR 3.1.4R(1)(a)


3. Name of person discharging managerial responsibilities

James Larson


4. State whether notification relates to a person connected with a person
discharging managerial responsibilities/director named in 3 and identify the
connected person

N/A


5. Indicate whether the notification is in respect of a holding of the person
referred to in 3 or 4 above or in respect of a non-beneficial interest

James Larson


6. Description of shares (including class), debentures or derivatives or
financial instruments relating to shares

10 pence Ordinary shares


7. Name of registered shareholders(s) and, if more than one, the number of
shares held by each of them

James Larson


8 State the nature of the transaction

Exercise of Executive Share options and sale of shares


9. Number of shares, debentures or financial instruments relating to shares
acquired

Exercise of options over 126,535 IHG ordinary shares at an option price of
434.22 pence per share


10. Percentage of issued class acquired (treasury shares of that class should
not be taken into account when calculating percentage)

Negligible


11. Number of shares, debentures or financial instruments relating to shares
disposed

Sold 126,535 IHG ordinary shares


12. Percentage of issued class disposed (treasury shares of that class should
not be taken into account when calculating percentage)

Negligible


13. Price per share or value of transaction

731.3953 pence per ordinary share sold


14. Date and place of transaction

14 July 2005


15. Total share holding following notification and total percentage holding
following notification (any treasury shares should not be taken into account
when calculating percentage)

N/A


16. Date issuer informed of transaction

15 July 2005


If a person discharging managerial responsibilities has been granted options by
the issuer complete the following boxes

17 Date of grant

N/A

....................................


18. Period during which or date on which it can be exercised

N/A

....................................


19. Total amount paid (if any) for grant of the option

N/A

....................................


20. Description of shares or debentures involved (class and number)

N/A

....................................

....................................


21. Exercise price (if fixed at time of grant) or indication that price is to be
fixed at the time of exercise

N/A

....................................


22. Total number of shares or debentures over which options held following
notification

N/A

....................................


23. Any additional information

N/A

....................................


24. Name of contact and telephone number for queries

Liz Searle, 01753 410 244

....................................


Name and signature of duly authorised officer of issuer responsible for making
notification

....................................


Date of notification

....................................


END

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