Holding in Company

Intercede Group PLC 7 December 2001 INTERCEDE GROUP plc ('Intercede' or 'the Company') Notification of Contingent Interest in Share Capital On 6 December 2001, Anjar International Limited entered into a £461,365.80 unsecured loan agreement with Intercede, pursuant to which Anjar International Limited may convert all or part of the loan into ordinary shares of 25 pence each in Intercede at 60 p per share, in aggregate being 768,943 ordinary shares (representing 4.7 per cent. of the issued share capital at the date hereof). The loan may only be converted within the five year period after its draw down. 7 December 2001 ENQUIRIES: Intercede Group plc Tel. 01455 558111 Richard Parris, Chairman & Chief Executive Andrew Walker, Finance Director College Hill Tel. 020 7457 2020 Archie Berens E-mail:archie.berens@collegehill.com Clare Warren E-mail:clare.warren@collegehill.com