> September 19, 2005
 > November 1, 2005
 > March 6, 2006
 > June 8, 2006
 > June 21, 2006
 > September 5, 2006
 > September 7, 2006
 > September 7, 2006
 > October 9, 2006
 > October 16, 2006
 > October 19, 2006
 > October 25, 2006
 > October 30, 2006
 > November 9, 2006
 > November 9, 2006
 > November 29, 2006
 > December 13, 2006
 > December 18, 2006
 > December 22, 2006
 > January 15, 2007
 > January 19, 2007
 > January 31, 2007
 > February 1, 2007
 > February 14, 2007
 > February 16, 2007
 > February 22, 2007
 > March 1, 2007
 > March 2, 2007
 > March 9, 2007
 > March 15, 2007
 > March 24, 2007
 > March 30, 2007
 > April 4, 2007
 > April 11, 2007
 > April 18, 2007
 > April 24, 2007
 > May 2, 2007
 > June 1, 2007
 > June 28, 2007
 > August 30, 2007
 > September 3, 2007
 > September 11, 2007
 > September 28, 2007
 > October 1, 2007
 > October 24, 2007
 > November 28, 2007
 > January 23, 2008
 > January 24, 2008
 > January 25, 2008
 > January 29, 2008
 > February 6, 2008
 > February 15, 2008
 > March 3, 2008
 > March 11, 2008
 > March 18, 2008
 > March 31, 2008
 > April 1, 2008
 > April 4, 2008
 > June 30, 2008
 > July 3, 2008

Director's Shareholding

IPSA, the AIM and AltX dual listed independent power plant developer with operations in southern Africa, was today notified that on 3 April 2008 Stephen Hargrave, non-executive Chairman of the Company, transferred 1,700,000 ordinary shares in the Company to a company, which is a subsidiary of a company of which he is also a director, at a price of 76 pence per share. Stephen Hargrave continues to hold 3,670,370 ordinary shares in the Company representing 4.09 per cent. of the issued share capital of IPSA. Beneficial ownership of the shares sold by Stephen Hargrave remains unchanged.

The transfer was made in order to reduce Mr Hargrave's liability to Capital Gains Tax. The transaction does not affect the total interest of Mr Hargrave in the share capital of the company.

For further information contact:

Peter Earl, CEO, IPSA Group PLC +44 (0) 20 7793 5600
Liz Shaw, COO, IPSA Group PLC +44 (0) 20 7793 5600

John Llewellyn-Lloyd, Noble & Company Limited +44 (0) 20 7763 2200
(Nominated Adviser and Joint Broker)