Statement re Notification of Major Interest in ...

For filings with the FSA include the
 annex

 For filings with issuer exclude the
 annex


+------------------------------------------------------------------------------+
|TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                               |
+------------------------------------------------------------------------------+

+---------------------------------------------+--------------------------------+
|1. Identity of the issuer or the underlying  |                                |
|issuer                                       |   Intermediate Capital Group   |
|of existing shares to which voting rights are|PLC                             |
|attached: ii                                 |                                |
+---------------------------------------------+--------------------------------+
|2 Reason for the notification (please tick the appropriate box or boxes):     |
+-----------------------------------------------------------------+------------+
|An acquisition or disposal of voting rights                      |     X      |
+-----------------------------------------------------------------+------------+
|An acquisition or disposal of qualifying financial instruments   |            |
|which may result in the acquisition of shares already issued to  |            |
|which voting rights are attached                                 |            |
+-----------------------------------------------------------------+------------+
|An acquisition or disposal of instruments with similar economic  |            |
|effect to qualifying financial instruments                       |            |
+-----------------------------------------------------------------+------------+
|An event changing the breakdown of voting rights                 |            |
+-----------------------------------------------------------------+------------+
|Other(please specify):                                           |            |
+--------------------------------------+--------------------------+------------+
|3. Full name of person(s) subject to  |                                       |
|the                                   |   Newton Investment Management Ltd.   |
|notification obligation: iii          |                                       |
+--------------------------------------+---------------------------------------+
|4. Full name of shareholder(s)        |                  N/A                  |
|(if different from 3.):iv             |                                       |
+--------------------------------------+---------------------------------------+
|5. Date of the transaction and date on|                                       |
|which the threshold is crossed or     |           2 September 2011            |
|reached: v                            |                                       |
+--------------------------------------+---------------------------------------+
|6. Date on which issuer notified:     |           6 September 2011            |
+--------------------------------------+---------------------------------------+
|7. Threshold(s) that is/are crossed or|           Crossing above 5%           |
|reached: vi, vii                      |                                       |
+--------------------------------------+---------------------------------------+

+----------------------------------------------------------------------------------+
|8. Notified details: ISIN GB0004564430                                            |
+----------------------------------------------------------------------------------+
|A: Voting rights attached to shares viii, ix                                      |
+------------+---------------------+-----------------------------------------------+
|Class/type  |Situation previous   |Resulting situation after the triggering       |
|of          |to the triggering    |transaction                                    |
|shares      |transaction          |                                               |
|            +----------+----------+-----------+-------------------+---------------+
|if possible |Number    |Number    |Number     |Number of voting   |% of  voting   |
|using       |of        |of        |of shares  |rights             |rights x       |
|the ISIN    |  ares    |V ting    +-----------+----------+--------+------+--------+
|CODE        |          |Rights    |Direct     |Direct xi |Indirect|Direct|Indirect|
|            |          |          |           |          |xii     |      |        |
+------------+----------+----------+-----------+----------+--------+------+--------+
|Common Stock|19,173,980|19,173,980|21,815,169 |21,815,169|N/A     |5.46% |N/A     |
|GB0004564430|          |          |           |          |        |      |        |
|            |          |          |           |          |        |      |        |
|            |          |          |           |          |        |      |        |
+------------+----------+----------+-----------+----------+--------+------+--------+

+----------------------------------------------------------------------------------+
|B: Qualifying Financial Instruments                                               |
+----------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction                              |
+--------------+----------+---------------------+--------------------+-------------+
|Type of       |Expiration|Exercise/            |Number of voting    |% of voting  |
|financial     |date xiii |Conversion Period xiv|rights that may be  |rights       |
|instrument    |          |                     |acquired if the     |             |
|              |          |                     |instrument is       |             |
|              |          |                     |exercised/          |             |
|              |          |                     |converted.          |             |
+--------------+----------+---------------------+--------------------+-------------+
|N/A           |          |                     |                    |             |
+--------------+----------+---------------------+--------------------+-------------+

+----------------------------------------------------------------------------------+
|C: Financial Instruments with similar economic effect to Qualifying Financial     |
|Instruments xv, xvi                                                               |
+----------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction                              |
+-------------+---------+-----------+----------+--------------------+--------------+
|Type of      |Exercise |Expiration |Exercise/ |Number of voting    |% of voting   |
|financial    |price    |date xvii  |Conversion|rights instrument   |rights xix, xx|
|instrument   |         |           |period    |refers to           |              |
|             |         |           |xviii     |                    |              |
+-------------+---------+-----------+----------+--------------------+-------+------+
|             |         |           |          |                    |Nominal|Delta |
|N/A          |         |           |          |                    +-------+------+
|             |         |           |          |                    |       |      |
+-------------+---------+-----------+----------+--------------------+-------+------+

+----------------------------------------------------------------------------------+
|Total (A+B+C)                                                                     |
+------------------------------------+---------------------------------------------+
|Number of voting rights             |Percentage of voting rights                  |
+------------------------------------+---------------------------------------------+
|                                    |                                             |
|21,815,169                          |5.46%                                        |
|                                    |                                             |
+------------------------------------+---------------------------------------------+

+------------------------------------------------------------------------------+
|9. Chain of controlled undertakings through which the voting rights and/or the|
|financial instruments are effectively held, if applicable: xxi                |
+------------------------------------------------------------------------------+
|                                                                              |
|Newton Investment Management Ltd holds these shares as a discretionary fund   |
|manager.                                                                      |
+------------------------------------------------------------------------------+

+------------------------------------------------------------------------------+
|Proxy Voting:                                                                 |
+------------------------------------------------+-----------------------------+
|10. Name of the proxy holder:                   |             N/A             |
+------------------------------------------------+-----------------------------+
|11. Number of voting rights proxy holder will   |             N/A             |
|cease                                           |                             |
|to hold:                                        |                             |
+------------------------------------------------+-----------------------------+
|12. Date on which proxy holder will cease to    |             N/A             |
|hold                                            |                             |
|voting rights:                                  |                             |
+------------------------------------------------+-----------------------------+

+-----------------------------+------------------------------------------------+
|                             |                                                |
|13. Additional information:  |                      N/A                       |
+-----------------------------+------------------------------------------------+
|14. Contact name:            |               Nicholas R. Darrow               |
+-----------------------------+------------------------------------------------+
|15. Contact telephone number:|                 412-236-7733                   |
|                             |                                                |
+-----------------------------+------------------------------------------------+







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     originality of the information contained therein. 
    
Source: Intermediate Capital Group PLC via Thomson Reuters ONE

[HUG#1544667]