Move to the Official List

IP Group PLC
14 June 2006

                         ('IP Group' or the 'Company')

                  Proposed move to the Official List from AIM

Following the announcement by IP Group plc, (AIM: IPO), on 9 May 2006 of its
intention to apply for admission to the Official List of the UKLA (the 'Official
List'), application has now been made for the Company's issued ordinary shares
to be admitted to the Official List and to be traded on London Stock Exchange
plc's market for listed securities ('Admission') and for the cancellation of the
Company's issued ordinary shares on the Alternative Investment Market of London
Stock Exchange plc ('AIM'). It is intended that Admission will become effective
at 8.00 a.m. on 19 June 2006 and that trading in the Company's shares on AIM
will cease at the same time.

The Board believes that joining the Official List will benefit IP Group in a
number of ways, including both providing the Company with the ability to attract
a wider range of shareholders and raising IP Group's profile domestically and
internationally.

IP Group has appointed KBC Peel Hunt Ltd as its sponsor for the Admission and
joint broker along with Lehman Brothers International (Europe).


For further information about IP Group plc please contact:

IP Group plc                                          020 7489 5200
Alan Aubrey, Chief Executive Officer
Magnus Goodlad, Executive Director

KBC Peel Hunt Ltd                                     020 7418 8900
Megan Macintyre

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



                      This information is provided by RNS
            The company news service from the London Stock Exchange