Purchase of Own Securities

Irish Continental Group PLC
24 September 2003


                            IRISH CONTINENTAL GROUP

                          STOCK EXCHANGE ANNOUNCEMENT

Purchase of Own Shares

Irish Continental Group announces that it has made a purchase of its own Shares
on the market as follows;

Date of Transaction : 23 September 2003

Number of Shares : 107,000 (one hundred and seven thousand) ICG Units
representing 0.44% of the previously issued shares

Price : The price paid was €9.55 per unit


These shares will be held as treasury shares

               ___________________________

24 September 2003


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