RNS Number:6673O
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
THE ROYAL BANK OF SCOTLAND 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
SEE 2. ABOVE


4)   Name of the registered holder(s) and, if more than one holder, the 
     number of shares held by each of them.
BNY GIL CLIENT A/C NOMINEES LIMITED          6,791,836
MELLON NOMINEES UK LIMITED NIFF 3000102     25,000,000


5)   Number of shares/amount of stock acquired.
31,791,836


6)   ( 3.51 %) of issued Class


7)   Number of shares/amount of stock disposed
NOT APPLICABLE


8)   Percentage of issued Class
NOT APPLICABLE


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
31,791,836

               
13)  Total percentage holding of issued class following this notification
3.51%


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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