Irish Continental Group — Major Shareholding Notification 2017

Jan 24, 2017

24 January 2017

Pursuant to its obligations under the Transparency (Directive 2004/109/EC) Regulations 2007 ("The Regulations"), Irish Continental Group plc sets out below details of a notification received under The Regulations.

Tom Corcoran

Company Secretary

Standard Form TR-1

Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the Central Bank of Ireland)

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are
attached:
	Irish Continental Group PLC
		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 financial instruments
	[ ] An event changing the breakdown of voting rights
[ ] Other (please specify):
	3. Details of person subject to the notification obligation	:
Name:	City and country of registered office (if applicable):
BlackRock, Inc.	Wilmington, DE, U.S.A.
4. Full name of shareholder(s)		(if different from 3.):
20th January 2017 5. Date on which the threshold was crossed or reached:
23rd January 2017 6. Date on which issuer notified:
	7. Threshold(s) that is/are crossed or reached:
Total holding for BlackRock, Inc. has gone above 4%
8. Total positions of person(s) subject to the notification obligation:
% of voting rights % of voting rights Total number of through financial Total of both in % attached to shares voting rights of instruments (9.A + 9.B) (total of 9.A) issuer (total of 9.B.1 + 9.B.2)

Resulting situation on the date on which threshold was crossed or reached	3.27%	0.73%	4.01%	188,309,390
Position of previous notification (if applicable)	3.01%	0.00%	3.01%

9. Notified details of the resulting situation on the date on which the threshold was crossed or reached:

A: Voting rights attached to shares
Class/type of shares ISIN code (if possible)	Number of voting rights		% of voting rights
	Direct	Indirect	Direct	Indirect
IE00BLP58571		6,165,042		3.27%
SUBTOTAL A		6,165,042	3.27%

B 1: Financial Instruments according to Regulation 17(1)(a) of the Regulations
Type of financial instrument	Expiration date	Exercise/ Conversion Period	Number of voting rights that may be acquired if the instrument is exercised/converted.	% of voting rights
		SUBTOTAL B.1

B 2: Financial Instruments with similar economic effect according to Regulation 17(1)(b) of the Regulations
Type of financial instrument	Expiration date	Exercise/ Conversion Period	Physical or cash settlement	Number of voting rights	% of voting rights
CFD	N/A	N/A	Cash Settlement	1,382,832	0.73%
			SUBTOTAL B.2	1,382,832	0.73%

10. Information in relation to the person subject to the notification obligation (please tick the applicable box):

[ ] Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.

[X] Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity:

Name	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
See attachment

11. In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date]

12. Additional information:

Done at 12 Throgmorton Avenue, London, EC2N 2DL, U.K. on 23rd January 2017

Name	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
BlackRock, Inc.
BlackRock Holdco 2, Inc.
BlackRock Financial Management, Inc.
BlackRock International Holdings, Inc.
BR Jersey International Holdings L.P.
BlackRock Group Limited
BlackRock Investment Management (UK) Limited
BlackRock, Inc.
BlackRock Holdco 2, Inc.
BlackRock Financial Management, Inc.
BlackRock International Holdings, Inc.
BR Jersey International Holdings L.P.
BlackRock Group Limited
BlackRock International Limited
BlackRock, Inc.
BlackRock Holdco 2, Inc.
BlackRock Financial Management, Inc.
BlackRock Holdco 4, LLC
BlackRock Holdco 6, LLC
BlackRock Delaware Holdings Inc.
BlackRock Institutional Trust Company, National Association
BlackRock, Inc.

BlackRock Holdco 2, Inc.
BlackRock Financial Management, Inc.
BlackRock Holdco 4, LLC
BlackRock Holdco 6, LLC
BlackRock Delaware Holdings Inc.
BlackRock Fund Advisors
BlackRock, Inc.
BlackRock Holdco 2, Inc.
BlackRock Financial Management, Inc.
BlackRock International Holdings, Inc.
BR Jersey International Holdings L.P.
BlackRock Holdco 3, LLC
BlackRock Canada Holdings LP
BlackRock Canada Holdings ULC
BlackRock Asset Management Canada Limited
BlackRock, Inc.
BlackRock Holdco 2, Inc.
BlackRock Financial Management, Inc.
BlackRock International Holdings, Inc.
BR Jersey International Holdings L.P.
BlackRock Group Limited
BlackRock Advisors (UK) Limited
BlackRock, Inc.
BlackRock Holdco 2, Inc.
BlackRock Financial Management, Inc.
BlackRock International Holdings, Inc.

BR Jersey International Holdings L.P.
BlackRock Group Limited
BlackRock (Netherlands) B.V.