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'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.