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Mon 15 Jan 2007, 14:00 IPS - IPSA - Notifiable Interest
IPS
 IPSA                                                                            
IPS - IPSA - 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 AIM and ALTx dual listed independent power plant developer with       
operations in southern Africa, announces that it received notification on 12    
January 2007 that on 10 January 2007 UBS AG ("UBS"), acting through its business
group and legal entities, had an interest in 4,029,009 ordinary shares of 2p    
each in the Company, representing 6.09% of the issued share capital of the      
Company.  This represents the entire holding of UBS in the share capital of the 
Company.                                                                        
On 11 December 2006 UBS, acting through its business group and legal entities,  
had an interest in 3,887,523 ordinary shares of 2p each in the Company,         
representing 5.88% of the issued share capital of the Company.                  
15 January 2007                                                                 
Sponsor                                                                         
STANDARD BANK                                                                   
AIM nominated advisor                                                           
NOBLE & COMPANY LIMITED                                                         
For further information please contact:                                         
Peter Earl, CEO, IPSA Group plc +44 20 7793 7676                                
Adam Westcott, Noble & Company Limited +44 20 7763 2200                         
Allan Piper, First City Financial +44 7736 064982 or +44 20 7436 7486           
Date: 15/01/2007 14:00:00 Produced by the JSE SENS Department.
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