RNS Number:1301U
ICAP PLC
12 January 2004





RNS NUMBER:

FOR IMMEDIATE RELEASE

DATED 12 JANUARY 2004

ICAP plc ("the Company")





Director's Dealing

The Company has been notified that on 12 January 2004 David Gelber sold 40,000
ICAP plc ordinary shares of 50p each at 1600p per share. David Gelber is now
interested in 5,504 ICAP shares representing 0.005% of the Company which are
held for the beneficial interest of Mrs V. Gelber.

David Gelber owns 2.98% of Intercapital Private Group Limited ("IPGL"). IPGL in
turn owns approximately 99% of INCAP Netherlands (Holdings) BV and these two
companies together own 22.88% of ICAP.

ENDS


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