Holding(s) in Company

Irish Continental Group PLC
09 February 2004



                            IRISH CONTINENTAL GROUP

                          STOCK EXCHANGE ANNOUNCEMENT


Notification of Substantial Shareholding

Pursuant to the obligation placed on us by paragraph 9.11 of the Listing Rules,
we advise that the Company received notification that Schroder Investment
Management Limited has a notifiable interest in 2,172,188 ICG Units,
representing 9.1% of the Company's issued share capital.

The breakdown of registered holders has been notified as follows:

Registered Holder ...................No. of Shares held

Chase Manhattan Bank......................2,097,188

State Street Bank and Trust Co...............75,000


___________________________

9th February 2004


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