RNS Number:7051O
Inter-Alliance Group PLC
14 August 2003

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

INTER-ALLIANCE GROUP PLC


2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

HENDERSON GLOBAL INVESTORS LIMITED


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

AGENT FOR DISCRETIONARY CLIENTS


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



5)   Number of shares/amount of stock acquired.

130,000,000


6)   ( 14.35 %) of issued Class

7)   Number of shares/amount of stock disposed

NOT APPLICABLE


8)   ( N/A %) of issued Class

9)   Class of security

ORDINARY SHARES OF 1 PENCE EACH


10)  Date of transaction

12 AUGUST 2003


11)  Date company informed

13 AUGUST 2003


12)  Total holding following this notification

130,000,000

               
13)  Total percentage holding of issued class following this notification

14.35%


14)  Any additional information



15)  Name of contact and telephone number for queries



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

    ALAN BUSSON

     Date of Notification ........................14 AUGUST 2003


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