Holding(s) in Company

RNS Number:7105J
Innovation Group PLC
7 April 2003


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     THE INNOVATION GROUP PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     THE GLOBAL VALUE INVESTMENT PORTFOLIO MANAGEMENT PTE LIMITED

3)   Please state whether notification indicates that it is in respect of 
     holding of the Shareholder named in 2 above or in respect of a 
     non-beneficial interest or in the case of an individual holder if it is a
     holding of that person's spouse or children under the age of 18

      SEE 2 ABOVE

4)   Name of the registered holder(s) and, if more than one holder, the 
     number of shares held by each of them.

      DISCRETIONARY MANAGED ACCOUNT

5)   Number of shares/amount of stock acquired.

     3,450,653

6)   (0.83%) of issued Class

7)   Number of shares/amount of stock disposed



8)   ( N/A %) of issued Class

9)   Class of security

      ORDINARY

10)  Date of transaction

     31 MARCH 2003

11)  Date company informed

      7 APRIL 2003

12)  Total holding following this notification

      14,980,654
               
13)  Total percentage holding of issued class following this notification

      3.6%

14)  Any additional information



15)  Name of contact and telephone number for queries

      LAURENCE MOORSE   01489 898 300

16)  Name and signature of authorised company official responsible for 
     making this notification

     Date of Notification ...7 APRIL 2003....



                      This information is provided by RNS
            The company news service from the London Stock Exchange

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