Holding(s) in Company

RNS Number:7185O
Innovation Group PLC
15 August 2003


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY
THE INNOVATION GROUP PLC


2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST
UBS INVESTMENT BANK


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.



5)   Number of shares/amount of stock acquired.



6)   ( N/A %) 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
12 AUGUST 2003


11)  Date company informed
15 AUGUST 2003


12)  Total holding following this notification
15,487,370

               
13)  Total percentage holding of issued class following this notification
3.74%


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
15 AUGUST 2003


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

END

HOLUVARROVRWAAR