IPSA GROUP PLC - TR-1: NOTIFICATION OF MAJOR INTEREST

TR-1: NOTIFICATION OF MAJOR INTEREST

IPSA GROUP PLC
(Incorporated and registered in England and Wales)
(Registration Number 5496202)
AIM Share Code IPSA        ISIN GB00BOCJ3F01
JSE Share Code IPS         ISIN GB00BOCJ3F01

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are                        IPSA GROUP PLC
attached:

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights                                       X

An acquisition or disposal of qualifying financial instruments which may result
in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to
qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):


3. Full name of person(s) subject to the
notification obligation:                                    CREDIT SUISSE GROUP AG



4. Full name of shareholder(s)
 (if different from 3.):                     CREDIT SUISSE SECURITIES (EUROPE) LTD 

5. Date of the transaction and date on
which the threshold is crossed or
reached:                                                                12.10.2012

6. Date on which issuer notified:                                       16.10.2012

7. Threshold(s) that is/are crossed or
reached:

8. Notified details:
A: Voting rights attached to shares
Class/type of        Situation previous                Resulting situation after the triggering transaction
shares               to the triggering
                     transaction
if possible using    Number          Number            Number     Number of voting       % of voting rights
the ISIN CODE        of              of                of         rights
                     Shares          Voting            shares
                                     Rights            Direct     Direct    Indirect     Direct    Indirect
ORD
GB00B0CJ3F01         5,620,776       5,620,776         N/A        N/A       Not          N/A       Not
                                                                            reportable             reportable



B: Qualifying Financial Instruments

Resulting situation after the triggering transaction
Type of financial         Expiration       Exercise/                    Number of voting              % of
instrument                date             Conversion Period            rights that may be            voting
                                                                        acquired if the               rights
                                                                        instrument is
                                                                        exercised/ converted.
N/A



C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments xv, xvi
Resulting situation after the triggering transaction
Type of financial      Exercise   Expiration     Exercise/                  Number of voting      % of voting
instrument             price      date           Conversion period          rights instrument     rights
                                                                            refers to




Total (A+B+C)
Number of voting rights                                    Percentage of voting rights

Not reportable                                             Not reportable

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:

1.	Credit Suisse Group AG 
2.      Credit Suisse Securities (Europe) Ltd       

Proxy Voting:
10. Name of the proxy holder:

11. Number of voting rights proxy holder will cease
to hold:

12. Date on which proxy holder will cease to hold
voting rights:


13. Additional information:


14. Contact name:                                          Anthony Allen / Paul MacDonald                            
                                              


15. Contact telephone number:                              +44 (0) 20 7888 5416 / 8548
Date: 17/10/2012 08:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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