Director Shareholding

Intermediate Capital Group PLC
27 July 2004


Letter to RNS


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 following transactions in the shares of 
the company by directors:-

Mr John Manser has purchased 1,270 shares, details of which are as follows:-

Date of transaction                        22 July 2004
Date notified                              27 July 2004
Type of share                              Ordinary shares of 20 pence
Number of shares bought                    1,270
Total number of shares now owned           20,001
Percentage of issued capital now owned     0.03%
Price at which purchase was made           989.0p


Letter from Intermediate Capital Group PLC


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