24th March 2010


Holdings in the Company

Pursuant to its obligations under the Transparency (Directive 2004/109/EC) Regulations 2007 (“The Regulations”), Irish Continental Group plc sets out below details of two notifications 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 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:
            Mr. Eamonn Rothwell

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:
            23 March 2010

6.         Date on which issuer notified;
            23 March 2010

7.         Threshold(s) that is/are crossed or reached:
            8%, 7%, 6%.

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

Resulting situation after the triggering transaction

Number of Shares

Number of Voting rights

Number of shares

Number of voting rights

% of voting rights

Direct

Direct

Indirect

Direct

Indirect

ICG Unit (ISIN IE0033336516)

2,188,571

 

1,233,571

 

 

5.0%

 

 

 

 

 

 

 

 

 

SUBTOTAL A (based on aggregate voting rights)

2,188,571

 

1,233,571

 

5.0%

B) Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration Date

Exercise/Conversion  Period/ Date

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

 

1,233,571

5.0%

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:

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 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:
            Rokeby Investments 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:
            23rd March 2010

6.         Date on which issuer notified;
            23rd March 2010

7.         Threshold(s) that is/are crossed or reached:
            7%, 8%, 9%, 10%, 11%.

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

Resulting situation after the triggering transaction

Number of Shares

Number of Voting rights

Number of shares

Number of voting rights

% of voting rights

Direct

Direct

Indirect

Direct

Indirect

ICG Unit (ISIN IE0033336516)

1,750,300

 

2,755,400

 

 

11.2%

 

 

 

 

 

 

 

 

 

SUBTOTAL A (based on aggregate voting rights)

1,750,300

 

2,755,400

 

11.2%

B) Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration Date

Exercise/Conversion  Period/ Date

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

 

2,755,400

11.2%

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: Rokeby Investments Limited is wholly owned and controlled by Eamonn Rothwell.