RNS Number:0877K
Inter-Alliance Group PLC
15 April 2003


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

INTER-ALLIANCE GROUP PLC



2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

EVOLUTION GROUP PLC



3)   Please state whether notification indicates that it is in respect of 
     holding of the Shareholder named in 2 above or in respect of a 
     non-beneficial interest or in the case of an individual holder if it is a
     holding of that person's spouse or children under the age of 18

AS IN 2 ABOVE



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

EVOLUTION BEESON GREGORY NOMINEES LIMITED



5)   Number of shares/amount of stock acquired.

NOT DISCLOSED



6)   ( N/A %) of issued Class

NOT DISCLOSED

7)   Number of shares/amount of stock disposed

NOT DISCLOSED



8)   ( N/A %) of issued Class

NOT DISCLOSED

9)   Class of security

ORDINARY SHARES OF 1P EACH



10)  Date of transaction

11/4/03



11)  Date company informed

15/4/03



12)  Total holding following this notification

21,952,843


               
13)  Total percentage holding of issued class following this notification

15.12%



14)  Any additional information

NONE



15)  Name of contact and telephone number for queries

MICHAEL BURNE 01793 441834



16)  Name and signature of authorised company official responsible for 
     making this notification

     Date of Notification 15 APRIL 2003..............


                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
HOLGUUCPCUPWGMA