Nil Cost Share Awards

16 May 2011

Innovation Group plc

Nil Cost Share Awards

This notification is made by The Innovation Group plc ("Innovation" or "Company") in accordance with DTR 3.1.4(1)(a).

On 16 May 2011 the following nil cost contingent awards of ordinary shares of 2 pence each in the Company ("Shares") were made to directors of the Company under The Innovation Group 2011 Long Term Incentive Plan ("2011 Plan"):

The 2011 Plan was approved by the shareholders of the Company at the general meeting held on 21 March 2011 ("General Meeting").

The awards made under the 2011 Plan will ordinarily vest on 30 September 2014, with vesting being subject to the achievement of specified performance targets as detailed in the circular convening the General Meeting. The awards are subject to good leaver and change of control provisions.

No consideration was payable in respect of the grant of the awards.

The Company was informed of the above grants on 16 May 2011.

About Innovation Group

The Innovation Group plc (LSE: TIG.L) is a global provider of business process outsourcing and software solutions to the insurance, fleet, automotive and property industries. Innovation Group provides contact centres, repair networks, process management, supply chain and technology operations and decision support analytics to support accident management, repair and estimation and claims management services. Innovation Group has over 800 global clients including AXA, RSA, American Modern Insurance Group, LeasePlan, The Ford Motor Company, Aviva, Toyota and Zurich. The Group processes more than 4 million claims per year with 20 per cent direct claims cost saving achieved. Innovation's 2,300 people are located in the United Kingdom, Australia, Belgium, Canada, France, Germany, Japan, India, Pakistan, South Africa, Spain and United States.

www.innovation-group.com