Irish Continental Group plc : Holding(s) in Com...

10 November 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:
Franklin Templeton Institutional , LLC
4.         Full name of shareholder(s) (if different from 3.):
JP Morgan Chase Bank Dublin
Allied Irish Bank
Northern Trust Co. London
Bank of Ireland
5.         Date of the transaction and date on which the threshold is crossed or
reached:
November 09, 2011
6.         Date on which issuer notified;
November 09, 2011
7.         Threshold(s) that is/are crossed or reached:
6%



8.         Notified details:

+------------------------------------------------------------------------------+
|A) Voting rights attached to shares                                           |
+-------------+---------------------+------------------------------------------+
|Class/type of|Situation previous to|Resulting situation after the triggering  |
|shares (if   |the Triggering       |transaction                               |
|possible     |transaction          |                                          |
|using the    +----------+----------+-------+-----------------+----------------+
|ISIN CODE)   |Number of |Number of |Number |Number of voting |% of voting     |
|             |Shares    |Voting    |of     |rights           |rights          |
|             |          |rights    |shares |                 |                |
|             |          |          +-------+------+----------+------+---------+
|             |          |          |Direct |Direct|Indirect  |Direct|Indirect |
+-------------+----------+----------+-------+------+----------+------+---------+
|Ordinary :   |          |          |       |      |          |      |         |
|Unit EUR     |          |          |       |      |          |      |         |
|NPV .65      |1,489,606 |1,489,606 |       |      |          |6.31% |         |
|             |          |          |       |      |1,569,013 |      |         |
|ISIN         |          |          |       |      |          |      |         |
|IE0033336516 |          |          |       |      |          |      |         |
|             |          |          |       |      |          |      |         |
+-------------+----------+----------+-------+------+----------+------+---------+
|             |          |          |       |      |          |      |         |
+-------------+----------+----------+-------+------+----------+------+---------+
|SUBTOTAL A   |          |          |       |                 |                |
|(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 |
+-------------+-------------------------+--------------------+
| 1,569,013   | 1,569,013               | 6.31%              |
|             |                         |                    |
+-------------+-------------------------+--------------------+

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:
Done at Fort Lauderdale, USA on 11/10/2011.






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Source: Irish Continental Group plc via Thomson Reuters ONE

[HUG#1563074]