Holding(s) in Company

30 May 2011

Pursuant to its obligations under the Transparency (Directive 2004/109/EC)
Regulations 2007 ("The Regulations"), Irish Continental Group plc sets out below
details of a notification received under The Regulations.

Tom Corcoran
Company Secretary

                               Standard Form TR-1
    Voting rights attached to shares- Article 12(1) of directive 2004/109/EC
  Financial instruments - Article 11(3) of the Commission Directive 2007/14/EC
1.        Identity of the issuer or the underlying issuer of existing shares to
           which voting rights are attached: IRISH CONTINENTAL GROUP

2.Reason for the notification (please tick the appropriate box or boxes):
[x ] an acquisition or disposal of voting rights

[  ] an acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached

[ ]an event changing the breakdown of voting rights

3.Full name of person(s) subject to the notification obligation:
Moonduster Limited
4.Full name of shareholder(s) (if different from 3.):
5. Date of the transaction and date on which the threshold is crossed or
reached:
26 May  2011
6.Date on which issuer notified;
30 May 2011
7. Threshold(s) that is/are crossed or reached:
24%, 23%, 22%, 21%, 20%, 19%, 18%, 17%, !6%, 15%, 14%, 13%
8. Notified details:

+------------------------------------------------------------------------------+
|A) Voting rights attached to shares                                           |
+--------------+------------------+--------------------------------------------+
|Class/type of |Situation previous|Resulting situation after the triggering    |
|shares (if    |to the Triggering |transaction                                 |
|possible using|transaction       |                                            |
|the ISIN CODE)+----------+-------+----------+----------------+----------------+
|              |Number of |Number |Number of |Number of voting|% of voting     |
|              |Shares    |of     |shares    |rights          |rights          |
|              |          |Voting +----------+------+---------+------+---------+
|              |          |rights |Direct    |Direct|Indirect |Direct|Indirect |
+--------------+----------+-------+----------+------+---------+------+---------+
|ICG Unit(ISIN |6,134,170 |       |3,067,085 |      |         |12.3% |         |
|IE0033336516  |          |       |          |      |         |      |         |
|              |          |       |          |      |         |      |         |
|              |          |       |          |      |         |      |         |
+--------------+----------+-------+----------+------+---------+------+---------+
|              |          |       |          |      |         |      |         |
+--------------+----------+-------+----------+------+---------+------+---------+
|SUBTOTAL A    |6,134,170 |       |3,067,085 |                |12.3%           |
|(based on     |          |       |          |                |                |
|aggregate     |          |       |          |                |                |
|voting rights)|          |       |          |                |                |
+--------------+----------+-------+----------+----------------+----------------+

+------------------------------------------------------------------------------+
|B) Financial Instruments                                                      |
+------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction                          |
+------------+------------+---------------------+---------------------+--------+
|Type of     |Expiration  |Exercise/Conversion  |Number of voting     |% of    |
|financial   |Date        | Period/ Date        |rights that may be   |voting  |
|instrument  |            |                     |acquired if the      |rights  |
|            |            |                     |instrument is        |        |
|            |            |                     |exercised/converted  |        |
+------------+------------+---------------------+---------------------+--------+
|            |            |                     |                     |        |
+------------+------------+---------------------+---------------------+--------+
|            |            |                     |                     |        |
+------------+------------+---------------------+---------------------+--------+
                          |SUBTOTAL B (in       |                     |        |
                          |relation to all      |                     |        |
                          |expiration dates)    |                     |        |
                          +---------------------+---------------------+--------+

+-------------+-------------------------+--------------------+
| Total (A+B) | number of voting rights | % of voting rights |
+-------------+-------------------------+--------------------+
|             | 3,067,085               | 12.3%              |
|             |                         |                    |
+-------------+-------------------------+--------------------+

9.Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:
10.In case of proxy voting: [name of the proxy holder] will cease to hold
[number] voting rights as of [date].
11.Additional information:

Susan Holburn
Company Secretary
Moonduster Limited
151 Thomas Street
Dublin 8

Ph: [phone]

































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Source: Irish Continental Group plc via Thomson Reuters ONE

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