Holding(s) in Company

IP2IPO Group PLC
02 September 2005


                                IP2IPO GROUP PLC

                                ('the Company')

Disclosure of Material Interest in Shares - Companies Act 1985, Section 198 -
202

On 2 September 2005, the Company received notification from Merrill Lynch & Co.,
Inc. stating that as at 1 September 2005 Merrill Lynch & Co., Inc. was
interested in 6,831,712 ordinary shares of 10p each (the 'shares') of the
Company, representing 15.08% of the then issued share capital of the Company.
Merrill Lynch & Co., Inc.'s material interest was registered as follows:

Merrill Lynch Investment Managers Group Limited - Nutraco Nominees Limited being
the registered holders of 5,654,001 shares, representing 12.48% of the then
issued share capital of the Company.

Merrill Lynch Investment Managers Group Limited - Merrill Lynch Pension Nominees
Limited A/C Noncert being the registered and beneficial holders of 1,011,655
shares, representing 2.23% of the then issued share capital of the Company.

Merrill Lynch & Co., Inc. being the registered holders of 166,056 shares,
representing 0.37% of the then issued share capital of the Company.

2 September 2005



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