19th November 2009

Holding(s) in Company
18th November 2009

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[i]
1.         Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached [ii] :
            Irish Continental Group Plc
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[iii] :
            Irish Life Investment Managers as agent.
4.         Full name of shareholder(s) (if different from 3.)[iv] :
            Discretionary Clients
5.         Date of the transaction and date on which the threshold is crossed or reached[v] :
            17/11//2009
6.         Date on which issuer notified;
            18/11/2009
7.         Threshold(s) that is/are crossed or reached:
             From 1.78% to 3.75%.

8. Notified details:

A) Voting rights attached to shares
Class/type of shares (if possible using the ISIN CODE)	Situation previous to the Triggering transaction [vi]		Resulting situation after the triggering transaction[vii]
	Number of Shares[viii]	Number of Voting rights[ix]	Number of shares[x]	Number of voting rights[xi]		% of voting rights
	Number of Shares[viii]	Number of Voting rights[ix]	Direct	Direct[xii]	Indirect[xiii]	Direct	Indirect
IE0033336516	438,519	1.78%	925,494	3.75%

SUBTOTAL A (based on aggregate voting rights)

B) Financial Instruments
Resulting situation after the triggering transaction[xiv]
Type of financial instrument	Expiration Date[xv]	Exercise/Conversion Period/ Date[xvi]	Number of voting rights that may be acquired if the instrument is exercised/converted	% of voting rights


		SUBTOTAL B (in relation to all expiration dates)

Total (A+B)	number of voting rights	% of voting rights
	925,494	3.75%

9.         Chain of controlled undertakings through which the voting rights and/or the financial instrumentsare effectively held, if applicable[xvii] :
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 [place] on [date].
Annex to the standard form TR-1[xviii]
a)         Identity of the person or legal entity subject to the notification obligation:

Full name (including legal form for legal entities)	Mary Fitzgerald, Head of Compliance, Business Risk and Legal
Contact address (registered office for legal entities)	Irish Life Investment Managers, Beresford Place, Beresford Court, Dublin 1
Phone number & email	+ 353 1 704 2761 compliance@ilim.com
Other useful information (at least legal representative for legal persons)

b) Identity of the notifier, if applicable[xix] :

Full name	.....................................................................
Contact address	..................................................................... .....................................................................
Phone number	.....................................................................
Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation)

c) Additional information