Irish Continental Group plc

Tuesday, 23 December 2008

Irish Continental Group plc (“ICG”)

On 7 October 2008, the Panel issued an announcement confirming that it was considering certain matters relating to ICG which were referred to in a letter received by the Panel from a third party.

Following its extensive enquiries the Panel has decided in light of the available evidence not to hold a hearing under section 11 of the Irish Takeover Panel Act 1997 into the matters raised in the letter referred to above.  In the event of a change in circumstances, the Panel will review its decision.

23 December 2008