Notification of Interest

12 February 2010

TR-1: Notifications of Major Interests in Shares

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:		Oxford Advanced Surfaces Group plc
2. Reason for notification (yes/no)
An acquisition or disposal of voting rights			Yes
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An event changing the breakdown of voting rights
Other (please specify):______________
3. Full name of person(s) subject to notification obligation:	IP Group plc
4. Full name of shareholder(s) (if different from 3):	Registered Holders:IP2IPO Limited 28,503,396 IP2IPO Nominees Limited nil
5. Date of transaction (and date on which the threshold is crossed or reached if different):	9 February 2010
6. Date on which issuer notified:	10 February 2010
7. Threshold(s) that is/are crossed or reached:	14% reached

8: Notified Details
A: Voting rights attached to shares
Class/type of shares If possible use ISIN code	Situation previous to the triggering transaction		Resulting situation after the triggering transaction
	Number of shares	Number of voting rights	Number of shares	Number of voting rights		Percentage of voting rights
				Direct	Indirect	Direct	Indirect
1p Ord	34,318,532	34,318,532	28,503,396	28,503,396	0	14.6%	0

B: Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ conversion period/date	No. of voting rights that may be acquired (if the instrument exercised/converted)	Percentage of voting rights

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

IP2IPO Limited and IP2IPO Nominees Limited are 100% subsidiaries of IP Group plc

Proxy Voting:
10. Name of 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:	Legal title to the 5,815,136 shares previously held by IP2IPO Nominees Limited on behalf of current and former members of IP Group plc staff under a nominee agreement has now been transferred to the beneficial holders of those shares. IP Group's beneficial interest in 28,503,396 shares of the company is unchanged by the transfer of legal title. Voting rights have been calculated based on shares in issue of 195,740,641.
14 Contact name:	Greg Smith
15. Contact telephone name:	020 7444 0050