The Board of Intelligent Ultrasound Group plc (AIM: MED) would like to clarify that, following a recent media
report, the reduction in the percentage shareholding of IP Group plc and Parkwalk Advisors Limited in the
Company announced on 2 September 2019, was as a result of their dilution following the increase in the
number of shares in issue subsequent to the oversubscribed Placing and Open Offer which was approved by
shareholders on 27 August 2019 and not as a result of any disposal of shares in the Company by IP Group plc
or Parkwalk Advisors Limited.