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Wed 2 May 2007, 15:45 IPSA / IPS - Ipsa Group Plc - Notifiable Interest
IPS
 IPSA                                                                            
IPSA / IPS - Ipsa Group Plc - Notifiable Interest                               
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`)                                                       
Notifiable Interest                                                             
IPSA, the independent power plant developer with operations in Southern Africa, 
which is quoted on AIM and has a secondary listing on ALTx, announces that it   
received notification on 30 April 2007 that on 26 April 2007 UBS Investment Bank
("UBS"), acting through its controlled entity UBS AG London Branch, had an      
interest in 4,635,776 ordinary shares of 2p each in the Company, representing   
6.1% of the issued share capital of the Company.                                
On 4 April 2007 the Company announced that UBS, acting through its controlled   
entity UBS AG London Branch, had an interest in 4,458,776 ordinary shares of 2p 
each in the Company, representing 5.9% of the issued share capital of the       
Company.                                                                        
For further information please contact:                                         
Peter Earl, CEO, IPSA Group PLC 020 7793 7676                                   
2 May 2007                                                                      
Sponsor                                                                         
Standard Bank                                                                   
Date: 02/05/2007 15:45:01 Produced by the JSE SENS Department.
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