Holding(s) in Company

IP Group PLC
06 September 2006


                            I P Group (the 'Company')

                        Disclosure of interest in shares


The Company was notified on 6 September 2006 that Morgan Stanley Securities
Limited had a material interest in 9,434,446 ordinary shares of 2 pence each
('Ordinary Shares'), representing 3.91% of the issued share capital of the
Company.

Contact:
Alan Aubrey
020 7489 5210

06 September 2006



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