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IPS
 IPSA                                                                            
IPS - IPSA Group Plc - Announcement                                             
IPSA GROUP PLC                                                                  
(Incorporated and registered in England and Wales)                              
(Registration number 5496202)                                                   
AIM Share Code: IPSA & ISIN: GB00B0CJ3F01                                       
JSE Share Code: IPS & ISIN: GB00B0CJ3F01                                        
(`IPSA` or `the Company`)                                                       
In accordance with Chapter 5 of the Financial Services Authority`s Disclosure   
and Transparency Rules, the Company was informed on 17 April 2007, by certain   
directors of the Company, of the following interests in the issued voting share 
capital of the Company:                                                         
Directors           Number of Shares     Percentage of                          
                                        issued voting share                     
                                        capital                                 
Stephen Hargrave    5,370,370            7.05                                   
Peter Earl          5,000,000            6.57                                   
For further information please contact:                                         
Peter Earl, CEO, IPSA Group PLC +44 (0)20 7793 5600                             
18 April 2007                                                                   
Sponsor                                                                         
Standard Bank                                                                   
AIM nominated advisor                                                           
Noble and Company Limited                                                       
Date: 18/04/2007 12:59:46 Produced by the JSE SENS Department.

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