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Thu 9 Nov 2006, 12:04 IPSA Group Plc - Notifiable Interest
IPS
 IPSA                                                                            
IPSA Group Plc - Notifiable Interest                                            
IPSA GROUP PLC                                                                  
Incorporated and registered in England and Wales)                               
Registration number 5496202)                                                    
AIM Share Code: IPSA     AIM & ISIN: GB00B0CJ3F01                               
JSE Share Code: IPS      JSE & ISIN: GB00B0CJ3F01                               
IPSA Group PLC ("IPSA" or "the Company")                                        
NOTIFIABLE INTEREST                                                             
IPSA, the AIM and ALTx dual listed independent power plant developer with       
operations in southern Africa, announces that it received notification on 7     
November 2006 that on 3 November 2006 UBS AG ("UBS"), acting through its        
business group and legal entities, had an interest in 3,025,000 ordinary shares 
of 2p each in the Company, representing 4.57% of the issued share capital of the
Company.  This represents the entire holding of UBS in the share capital of the 
Company.                                                                        
On 5 July 2006 UBS AG, acting through its business group and legal entities, had
an interest in 3,025,000 ordinary shares of 2p each in the Company, representing
5.54% of the issued share capital of the Company.                               
9 November 2006                                                                 
For further information please contact:                                         
Peter Earl, CEO, IPSA Group plc                   020 7793 7676                 
Mark Froggatt, Noble & Company Limited            020 7763 2200                 
Allan Piper, First City Financial                 07736 064982                  
020 7436 7486                 
Sponsor                                                                         
Standard Bank                                                                   
Date: 09/11/2006 12:04:04 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
                                                                                
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