Holding(s) in Company

RNS Number:3692U
Innovation Group PLC
19 January 2004


On 19 January 2004 The Innovation Group plc received the following notification:

'This notification relates to the issued ordinary shares of 2p each in the 
capital of the Innovation Group plc or (the "Company") and is given in 
fulfillment 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 9,000,000 shares or 2.2% on
     Friday the 16th of January 2004.

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 64,700,000 shares or 15.4% 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.'


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

END

HOLUKVRRSSRAAAR