Director/PDMR Shareholding

SCHEDULE 11
Notification of Transactions of Directors/Persons Discharging
Managerial Responsibility and Connected Persons

This form is intended for use by an issuer to make a RIS notification
required by the  Market Abuse Rules  and section 53  (as extended  by
section 64 of the  Companies Act 1990) or  entered into the  issuer's
register in accordance with section 59 of the Companies Act 1990.
(1)      An issuer making a notification in respect of a  transaction
relating to the shares  or debentures of  the issuer should  complete
boxes 1 to 16, 23 and 24.

(2)      An issuer  making a notification in respect of a  derivative
relating to the shares of the issuer should complete boxes 1 to 4, 6,
8, 13, 14, 16, 23 and 24.

(3)       An issuer  making a  notification in  respect of  options
granted to a director/person discharging managerial  responsibilities
should complete boxes 1 to 3 and 17 to 24.

(4)       An issuer making a  notification in respect of a  financial
instrument relating  to  the  shares  of the  issuer  (other  than  a
debenture) should complete the boxes 1 to 4, 6, 8, 9, 11, 13, 14,
16,23 and 24.

All relevant boxes should be completed in block capital letters


1.  Name of the Issuer                     2.  State whether the
                                               notification relates
    Irish Continental Group plc                to:
                                               (i) a transaction
                                               notified   in
                                               accordance with Market
                                               Abuse Rules;
                                               (ii) a disclosure
                                               made in accordance
                                               with section 53 (as
                                               extended by section 64
                                               of  the  Companies
                                               Act 1990) or entered
                                               into  the issuer's
                                               register in accordance
                                               with section 59
                                               of the Companies Act
                                               1990;
                                               or
                                               (iii) both (i) and
                                               (ii).

                                               (iii)  both  (i)   and
                                               (ii)

3.  Name of person discharging  managerial 4.  State whether
    responsibilities / director                notification relates
                                               to a person connected
    Mr. Gearoid O'Dea                          with a person
                                               discharging managerial
                                               responsibilities /
                                               director named in 3
                                               and identify the
                                               connected person

                                                N/A
5.  Indicate whether the notification is   6.  Description of shares
    in respect of a holding of the person      (including class)
    referred to in 3 or 4 above or in          debentures or
    respect of a non-beneficial interest       derivatives or
                                               financial instruments
    In respect of the person named at 3        relating to shares
    above
                                               ICG Units
7.  Name of registered shareholder(s) and, 8.  State the nature of
    if more than one, number of shares         the transaction
    held by each of them

    Mr. Gearoid O'Dea                          (i) Allotment of
                                               shares on exercise of
                                               options
                                               (ii) Sale of shares


9.  Number of shares, debentures or        10. Percentage of issued
    financial instruments relating to          class acquired
    shares acquired                            (treasury shares of
                                               that class should not
                                               be taken into account
    6,300 ICG Units                            when calculating
                                               percentage)

                                               0.02%

11. Number of shares, debentures or        12. Percentage of issued
    financial instruments relating to          class disposed
    shares disposed                            (treasury shares of
                                               that class should not
                                               be taken into account
    6,300 ICG Units                            when calculating
                                               percentage)

                                               0.02%

13. Price per share or value of            14. Date and place of
    transaction                                transaction
    (i) ¤7.35 per ICG Unit
    (ii) ¤12.40 per ICG Unit                   24 October 2006,
                                               Dublin
15. Total holding following notification   16. Date issuer informed
    and total percentage holding following     of transaction
    notification (any treasury shares
    should not be taken into account when
    calculating percentage)                    24 October 2006

    179,377 ICG Units (0.9%)



If a person discharging managerial responsibilities has been granted
options by the issuer, complete the following boxes:


17.  Date of grant                    18. Period during which or date
                                          on which it can be
     N/A                                  exercised


19.  Total amount paid (if any) for   20. Description of shares or
     grant                                debentures involved (class
     of option                            and number)

21.  Exercise price (if fixed at time 22. Total number of shares or
     of grant) or indication that the     debentures over which
     price is to be fixed at the time     options are held following
     of exercise                          notification

23.  Any additional information       24. Name and contact and
                                          telephone number for
                                          queries

                                          Tom Corcoran ,
                                          [phone]


Name and signature of duly designated officer of issuer  responsible
for making notification
 Tom Corcoran , Company Secretary
 Date of notification      25 October 2006

---END OF MESSAGE---