Holding(s) in Company

RNS Number:4846T
Innovation Group PLC
19 December 2003


                                                             19 December 2003


                              Innovation Group PLC
                                        
                              Holding(s) in Company
                                        
On 19 December 2003 The Innovation Group plc received the following
notification:

ICE SAS shareholding in the Innovation Group plc

This notification relates to the issued ordinary shares of 2p each in the
capital of the Innovation Group plc (the "Company") and is given in fulfilment
of the obligations imposed by Sections 198 to 202 of and otherwise by Part IV of
the Companies Act 1985 (the "Act").

1. ICE SAS ("ICE") and Cantor Fitzgerald Europe of One American Square
   London EC3N 2LS are each a party to an agreement (the "Agreement") to
   which section 204 or section 208 of the Act applies.

2. ICE has increased its holding in the Company by 1,250,000 shares or 0.3%
   on Thursday 18th December 2003.

3. ICE as a party to the Agreement is interested for the purpose of
   sections 198 to 202 of the Act and/or by virtue of Sections 204 and 205
   or 208 of the Act in 55,700,000 shares or 13.2% holding in the Company.

4. The registered holder of these shares is Cantor Fitzgerald Europe.

5. ICE is a company registered in France (registration number B 444 486 666)
   at 54-56 Avenue Hoche, Paris 75008.




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