Director/PDMR Shareholding

1.

Name of the issuer

2.

State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R,

(ii) a disclosure made in accordance

LR 9.8.6R(1) or

(iii) a disclosure made in accordance with section 793 of the Companies Act (2006).

INTERCONTINENTAL HOTELS GROUP PLC

A TRANSACTION NOTIFIED IN ACCORDANCE WITH DTR 3.1.2 R

3.

Name of person discharging managerial

responsibilities/director

4.

State whether notification relates to a person

connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

ERIC PEARSON - PDMR,

CHIEF INFORMATION OFFICER

SPOUSE - KELLY PEARSON

5.

Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

6.

Description of shares (including class), debentures or derivatives or financial instruments relating to shares

IN RESPECT OF 3 AND 4 ABOVE

ORDINARY SHARES OF 13 29/47 PENCE EACH

7.

Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

8.

State the nature of the transaction

IN RESPECT OF THE OPTION EXERCISE OF 19,450 SHARES AND SUBSEQUENT SALE - ERIC PEARSON

IN RESPECT OF THE SALE OF 15,000 SHARES - CITIGROUP GLOBAL MARKETS FOR THE BENEFICIAL OWNER ERIC E. PEARSON AND KELLY A. PEARSON

EXERCISE OF 19,450 OPTIONS UNDER THE COMPANY'S EXECUTIVE SHARE OPTION PLAN AND SUBSEQUENT SALE OF 19,450 SHARES

SALE OF 15,000 SHARES

9.

Number of shares, debentures or financial

instruments relating to shares acquired

10.

Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

N/A

N/A

11.

Number of shares, debentures or financial

instruments relating to shares disposed

12.

Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

 34,450 SHARES

NEGLIGIBLE

13.

Price per share or value of transaction

14.

Date and place of transaction

EXERCISED 19,450 OPTIONS AT £6.1983 PER SHARE, THEN SOLD 19,450 SHARES AT £14.953439 PER SHARE.

SOLD 15,000 SHARES AT USD23.38 PER SHARE

14 MARCH 2012

IN RESPECT OF THE OPTION EXERCISE AND SUBSEQUENT SALE - UNITED KINGDOM

IN RESPECT OF THE SALE OF SHARES - UNITED STATES

15.

Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

16.

Date issuer informed of transaction

177,364, INCLUDING ALL NOTIFIABLE INTERESTS (OF WHICH THE INTEREST IN ORDINARY SHARES IS 109,194)

PERCENTAGE HOLDING IS NEGLIGIBLE

14 MARCH 2012

Name of authorised official of issuer responsible for making notification

NICOLETTE HENFREY

DEPUTY COMPANY SECRETARY & HEAD OF CORPORATE LEGAL

Date of notification 15 MARCH 2012