Director/PDMR Shareholding

IP Group PLC
19 September 2006


                                 IP Group plc


                         ('IP Group' or the 'Company')


                               Director dealings


IP Group plc (LSE: IPO), the intellectual property commercialisation company, is
pleased to announce that the Company's Chairman, David Norwood, has bought a
further 150,000 ordinary shares of 2p each ('Ordinary Shares') in the Company at
a price of £1.35 per share, representing 0.06% of the Company's current issued
share capital ('the purchase of ordinary shares').


Additionally, Mr Norwood has today exercised unapproved share options over
4,750,000 Ordinary Shares in the Company ('the option exercise'). In order to
satisfy the cost of the exercise price and associated income tax liabilities
arising as a result of the option exercise, Mr Norwood sold 2,975,508 Ordinary
Shares, representing 1.21% of the Company's current issued share capital, at a
price of £1.35 per Ordinary Share.


Following both the option exercise and the purchase of ordinary shares, Mr
Norwood has increased his beneficial interest in the Company from 2,855,680
Ordinary Shares to 4,780,172 Ordinary Shares, representing 1.94% of the
Company's current issued share capital.


Application will be made for 4,750,000 Ordinary Shares (fully paid ranking pari
passu with the existing Ordinary Shares) to be admitted to the Official List and
to be traded on London Stock Exchange plc's market for listed securities
('Admission'). These Ordinary Shares have been issued following the exercise of
4,750,000 unapproved share options over Ordinary Shares in the Company.


It is expected that Admission will become effective and that dealings will
commence in the 4,750,000 Ordinary Shares on 26 September 2006. Following
Admission the issued share capital of the Company will be 246,554,555 Ordinary
Shares ('current issued share capital').

For more information, please contact:

IP Group plc                                 020 7489 5200
Alan Aubrey, Chief Executive Officer
Liz Vaughan-Adams (communications)           020 7489 5206/07979853802


Buchanan Communications                      020 7466 5000
Mark Court, Tim Anderson, Mary-Jane Johnson



Notes for editors


About IP Group


IP Group Plc is an intellectual property (IP) commercialisation company that
specialises in commercialising university technology. Founded in 2001, IP Group
listed on AiM in October 2003 and moved to the Official List in June 2006. It
has made two acquisitions to date - Techtran, a company set up to commercialise
university intellectual property under a long term contract with the University
of Leeds, in 2005 and Top Technology Ventures, an investment adviser to early
stage technology venture capital funds, in 2004.


The group has formed long-term partnerships with nine universities - the
University of Oxford, King's College London, CNAP/University of York, the
University of Leeds, the University of Bristol, the University of Surrey, the
University of Southampton, Queen Mary, University of London and the University
of Bath.


As at 30 June 2006, 44 spin-out companies had been created among the group's
university partners. Of those, eight have listed on the AiM market of the London
Stock Exchange and there have been two trade sales.


For more information, please visit our website at www.ipgroupplc.com.


ENDS



                      This information is provided by RNS
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