IPPlus (the 'Company')

21 October 2008

Notifiable Interest - Replacement

REPLACEMENT ANNOUNCEMENT - THIS ANNOUNCEMENT REPLACES RNS NO. 7859F

In the previous announcement the 250,000 Ordinary Shares of 1p each over which Mr. Wildey has power of attorney had been double counted. The announcement should have read:

The Company received notification on 13 October 2008 that Peter Wildey has a notifiable interest in a further 50,000 Ordinary Shares of 1p each in the Company. 

In addition Peter Wildey also has power of attorney over a further 250,000 Ordinary Shares of 1p each in the Company, taking his total interest to 4,950,000 Ordinary Shares, representing 16.6 per cent of the issued share capital of that class.
 

END.