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Wed 14 Feb 2007, 13:30 IPS / IPSA - IPSA Group Plc - Notifiable Interest
IPS
 IPSA                                                                            
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" or "the Company")                                                       
Notifiable Interest                                                             
IPSA, the independent power plant developer with operations in southern Africa, 
which is quoted on AIM and the secondary listing on AltX, announces that it     
received notification on 9 February 2007 that on 7 February 2007 UBS Investment 
Bank ("UBS"), acting through its controlled entity UBS AG London Branch, ceased 
to have a notifiable interest in the share capital of the Company.              
On 1 February 2007 UBS, acting through its controlled entity UBS AG London      
Branch, had an interest in 3,929,009 ordinary shares of 2p each in the Company, 
representing 5.94% of the issued share capital of the Company.                  
For further information please contact:                                         
Peter Earl, CEO, IPSA Group plc     020 7793 7676                               
14 February 2007                                                                
Sponsor                                                                         
Standard Bank                                                                   
AIM nominated advisor                                                           
Noble & Company Limited                                                         
Date: 14/02/2007 13:30:01 Produced by the JSE SENS Department.
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