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:

An event changing the breakdown of voting rights:

Other (please specify):

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

DIYAFA WORLD LIMITED 

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

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

23.09.08 (3% THRESHOLD)

24.09.08 (4% THRESHOLD)

6. Date on which issuer notified:

25.09.08

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

TO ABOVE 3%

TO ABOVE 4%

8. Notified details:

A: Voting rights attached to shares

Class/type of shares if possible using  the ISIN CODE	Situation previous to the triggering transaction
	Number of shares	Number of voting Rights
ISIN: GB00B1WQCS47	8,509,450	8,509,450
	8,862,447	8,862,447

Class/type of shares if possible using  the ISIN CODE	Resulting situation after the triggering transaction
	Number of shares	Number of voting  Rights		Percentage of voting rights
		Direct	Indirect	Direct	Indirect
ISIN: GB00B1WQCS47	8,862,447	8,862,447	N/A	3.10%	N/A
	12,073,413	12,073,413	N/A	4.23%	N/A

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
N/A		N/A	N/A	N/A	N/A

Total (A+B)
Number of voting rights		Percentage of voting rights
12,073,413		4.23%

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

DIYAFA WORLD LIMITED IS A WHOLLY OWNED SUBSIDIARY OF ISTITHMAR WORLD CAPITAL LLC WHICH IS A SUBSIDIARY OF ISTITHMAR WOLRD HOLDINGS LLC WHICH IS A SUBSIDIARY OF DUBAI WORLD CORPORATION (ESTABLISHED BY DECREE OF THE RULER OF DUBAI AND WHOLLY OWNED BY THE GOVERNEMENT OF DUBAI).

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:

NOTIFICATION USING THE TOTAL VOTING RIGHTS FIGURE OF 285,552,193

14. Contact name:

GROUP COMPANY SECRETARIAT

15. Contact telephone number:

01895 512000