Director Shareholding

Intermediate Capital Group PLC
1 July 2003


                  NOTIFICATION OF DIRECTORS SHARE TRANSACTIONS


In accordance with the requirements of the Companies Act 1985, we are informing
you that we have been notified of the purchase of shares by a director of 
this company as follows:-

Mr John Mauser has purchased 2,500 shares, details of which are as follows:-


Date of transaction                          24 June 2003
Date notified                                30 June 2003
Type of share                                Ordinary shares of 20 pence
Number of shares bought                      2,500
Total number of shares now owned             9,050
Percentage of issued capital now owned       0.015%
Price at which purchase was made             954p



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