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Mon 3 Mar 2008, 11:30 IPS - IPSA Group Plc - Notifiable Interest
IPS
 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, 
announces that it received notification on 29 February 2008 that on 26 February 
2008 Rathbone Unit Trust Management Ltd ("Rathbone"), acting through its        
business group and legal entities, had an interest in 4,000,000 ordinary shares 
of 2 pence each in the Company, representing 4.47% of the issued share capital  
of the Company. This represents the entire holding of Rathbone in the share     
capital of the Company.                                                         
The issued share capital of the Company is 89,564,081 ordinary shares of 2 pence
per share.                                                                      
For further information please contact:                                         
Peter Earl, CEO, IPSA Group PLC             +44 (0) 20 7793 5600                
Elizabeth Shaw, COO, IPSA Group PLC         +44 (0) 20 7793 5600                
Nick Naylor / Jamie Boyd,                                                       
Noble & Company Limited                     +44 (0) 20 7763 2200                
(Nominated Adviser and Joint Broker)                                            
Sean Lunn, Hichens,                                                             
Harrison (South Africa) Ltd                 +2721 950 2711                      
(Joint Broker)                                                                  
Allan Piper, First City Financial           +44 (0) 20 7242 2666                
(UK Public Relations Advisers)                                                  
Jacques de Bie,                                                                 
College Hill (South Africa)                 +2711 447 3030 (South African Public
Relations Advisers)                                                             
3 March 2008                                                                    
Standard Bank                                                                   
AltX Sponsor to IPSA Group PLC                                                  
Noble & Company Limited                                                         
AIM Nominated Advisor and Joint Broker to IPSA Group PLC                        
Date: 03/03/2008 11:30:11 Produced by the JSE SENS Department.                  
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