Disclosure of Short Position

TR-3 : 

Disclosure of Disclosable Short Position relating to Securities which are the subject of a rights issue 

1. Full name of person(s) holding the disclosable short position :

Gladstone Capital Management LLP

2: Name of the issuer of the relevant securities

Intermediate Capital Group plc

3: Disclosable short position 

0.61%

4. Date that disclosable short position was reached or exceeded

2 July 2009