Holding(s) in Company

Irish Continental Group PLC
21 September 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 on 21st  September 2004, the Company received notification that
Allied Irish Banks plc and its subsidiaries has a notifiable interest in
2,661,947 ICG Units, representing 10.9% of the Company's issued share capital.


The breakdown of registered holders has been notified as follows:


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

AIB Custodial Nominees Limited (A/C 184321) ............313,506

AIB Custodial Nominees Limited(A/C 184224)...............22,756

AIB Custodial Nominees Limited (A/C 184345)...............9,391

AIB Custodial Nominees Limited (A/C 184219)...............6,810

AIB Custodial Nominees Limited (A/C 184201).............584,479

AIB Custodial Nominees Limited (A/C 184316)..............29,744

Bank of New York Nominees Ltd............................23,203

Nortrust Nominees Ltd.................................. .73,937

BNY Custodial Nominees (Ireland) Ltd (A/C 184615)........19,267

Skerries Nominees Ltd...................................132,263

Goodbody Stockbroker Nominees Ltd.....................1,436,891

Alibank Nominees Limited  (A/C T04715)....................3,600

Alibank Nominees Limited  (A/C T04716)................... 3,300

Alibank Nominees Limited  (A/C T00018)................... 2,800



___________________________

21st  September 2004





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