International Public Partnerships Regulatory News (INPP)

1.

Name of the issuer

INTERNATIONAL PUBLIC PARTNERSHIPS LIMITED

2.

State whether the notification relates to:

(i) a transaction notified in accordance with

DR 3.1.4R(1)(a); or

(ii) DR 3.1.4(R)(1)(b) a disclosure made in

accordance with section 324 (as extended by

section 328) of the Companies Act 1985; or

(iii) both (i) and (ii)

DISCLOSURE RELATING TO A DIRECTOR UNDER DR3.1.4R(1)(a)

3.

Name of person discharging

managerial responsibilities/director

John Whittle

4.

State whether notification relates to a

person connected with a person

discharging managerial responsibilities/

director named in 3 and identify the

connected person

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 interest¹

Held in respect of the Retirement Annuity Trust of John Whittle

6.

Description of shares (including class),

debentures or derivatives or financial

instruments relating to shares

ORDINARY SHARES OF 0.01 PENCE EACH

7.

Name of registered shareholder(s) and,

if more than one, the number of shares

held by each of them

FORT TRUSTEES CIRAS RE J WHITTLE

39,324 Ordinary Shares

8.

State the nature of the transaction

Acquisition of Ordinary Shares pursuant to Scrip Dividend Election

9.

Number of shares, debentures or

financial instruments relating to shares

acquired

931 Ordinary Shares

10.

Percentage of issued class acquired

(treasury shares of that class should not

be taken into account when calculating

percentage)

0.0001%

11.

Number of shares, debentures or

financial instruments relating to shares

disposed

N/A

12.

Percentage of issued class disposed

(treasury shares of that class should not

be taken into account when calculating

percentage)

N/A

13.

Price per share or value of transaction

1.3294 PENCE PER SHARE

14.

Date and place of transaction

24 October 2014, Guernsey

15.

Total holding following notification

and total percentage holding following

notification (any treasury shares should

not be taken into account when

calculating percentage)

40,255 shares, 0.0053%

16.

Date issuer informed of transaction

29 October 2014

17.

Date of grant

18.

Period during which or date on which it

can be exercised

19.

Total amount paid (if any) for grant of the

option

20.

Description of shares or debentures involved

(class and number)

21.

Exercise price (if fixed at time of

grant) or indication that price is to be fixed

at the time of exercise

22.

Total number of shares or debentures over

which options held following notification

23.

Any additional information

NONE

24.

Name of contact and telephone number

for queries

AMBER FUND MANAGEMENT LIMITED, ERICA SIBREE, +44 (0)20 7939 0558

HERITAGE INTERNATIONAL FUND MANAGERS LIMITED, SECRETARY, TOM DAISH, 01481 716000

Name of duly authorised officer of the issuer responsible for making notification

HERITAGE INTERNATIONAL FUND MANAGERS LIMITED

AS SECRETARY

Date of notification 30 October 2014