Holding(s) in Company

The Company received notification on 8 December 2005 that, pursuant to an agreement dated 7 December 2005, San Mackenzie Enterprises Ltd. has acquired 1,207,845 ordinary shares of 1p each representing 3.6% of the Company's issued share capital and accordingly now has a total notifiable interest of 1,463,216 ordinary shares representing 4.3% of the Company's issued share capital.

About Intercede
Intercede Group plc is a leading developer and supplier of smart card and identity management software listed on the London Stock Exchange (IGP LN) (IGP.L). The Group's MyID™ software manages the secure registration, issuance and lifecycle of digital identities for a wide range of uses. This requires the integration of multiple technologies and products from many different vendors, including smart cards, biometrics, digital certificates and Open Platform applets.

Intercede's customers cover a range of industries and include Athena Smartcard Solutions, Department of Transport Ireland, Fujitsu, Lloyds TSB, the UK National Health Service (NHS), the Metropolitan Police, PinkRoccade, Royal Bank of Scotland, Ubizen and various US and UK Government agencies and departments.

For more information, visit www.intercede.com

For more information:
Tel. +44 (0) 1455 558111
Richard Parris - Chairman & Chief Executive
Andrew Walker - Finance Director