17 September 2008

Notification of Major Interests in Shares

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

InterContinental Hotels Group PLC

2. Reason for the notification (please state 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: YES

An event changing the breakdown of voting rights:

Other (please specify):

3. Full name of person(s) subject to the notification obligation:

CREDIT SUISSE INTERNATIONAL

4. Full name of shareholder(s) (if different from 3.):

CREDIT SUISSE INTERNATIONAL
CREDIT SUISSE SECURITIES (USA) LLC

5. Date of the transaction (and date on which the threshold is crossed or  reached if different):

15.09.08

6. Date on which issuer notified:

17.09.08

7. Threshold(s) that is/are crossed or reached:

To BELOW 3%

8. Notified details:

A: Voting rights attached to shares

Class/type of shares

if possible using
 the ISIN CODE
Resulting situation after the triggering transaction
Number of sharesNumber of voting Rights Percentage of voting rights 
DirectIndirectDirectIndirect

ORD
GB00B1WQCS47

8,781,9958,781,995N/ABelow 3%N/A

ADR
US45857P3010

8,0388,038N/ABelow 3%N/A

B: Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrumentExpiration Date Exercise/Conversion Period/ DateNumber of voting rights that may be acquired if the instrument is exercised/converted.% of voting rights
     
Total (A+B)
Number of voting rights% of voting rights
N/ABELOW 3%


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

CREDIT SUISSE SECURITIES (EUROPE) LIMITED IS A PART OF THE INVESTMENT BANKING DIVISION OF CREDIT SUISSE ("CSIBD"), WHICH IS PART OF THE CREDIT SUISSE GROUP ("CSG"). CSIBD IS A SEGREGATED BUSINESS UNIT WITHIN CSG WITH AN INDEPENDENT MANAGEMENT STRUCTURE AND EXERCISES ITS VOTING RIGHTS INDEPENDENTLY FROM OTHER DIVISIONS OF CSG. 

Proxy Voting:

10. Name of the proxy holder:

N/A

11. Number of voting rights proxy holder will cease to hold:

N/A

12. Date on which proxy holder will cease to hold voting rights:

N/A

13. Additional information:

14. Contact name:

GROUP COMPANY SECRETARIAT

15. Contact telephone number:

01895 512000

Ends