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Thu 3 Jul 2008, 11:00 IPS - IPSA Group Plc - Change In Name And Investment Manager Of Significant
IPS
IPSA                                                                            
IPS - IPSA Group Plc - Change In Name And Investment Manager Of Significant     
Shareholder                                                                     
IPSA GROUP PLC                                                                  
(Incorporated and registered in England and Wales)                              
(Registration Number 5496202)                                                   
AIM Share Code: IPSA & ISIN: GBOOBOCJ3F01                                       
JSE Share Code: IPS & ISIN: GBOOBOCJ3F01                                        
("IPSA" or "the company")                                                       
CHANGE IN NAME AND INVESTMENT MANAGER OF SIGNIFICANT SHAREHOLDER                
The Board of IPSA announces that on Wednesday 2 July 2008 it received           
notification that on Tuesday 1 July 2008 Moore Credit Fund (Master), LP, which  
is interested in 3,703,700 ordinary shares in IPSA representing 4.14% of the    
existing issued share capital, has changed its name to JCAM Global Fund         
(Master), LP.                                                                   
James Caird Asset Management, LLP is the investment manager of JCAM Global Fund 
(Master), LP.                                                                   
For further information contact:                                                
Peter Earl, CEO, IPSA Group PLC:                       +44 (0)20 7793 7676      
Elizabeth Shaw, COO, IPSA Group PLC:                   +44 (0)20 7793 7676      
Nick Naylor / Jamie Boyd, Noble & Company Ltd:         +44 (0)20 7763 2200      
Sean Lunn, Hichens, Harrison (South Africa) Ltd:       +27 21 950 2711          
3 July 2008                                                                     
Date: 03/07/2008 11:00:02 Produced by the JSE SENS Department.                  
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