Annual Report and Accounts

Dawnay, Day Carpathian PLC
14 June 2006


              Dawnay, Day Carpathian PLC ('DDC' or the 'Company')
                                        
                                        
                               Annual Report 2005
                                        
                                        
Copies of the Company's Annual Report for 2005 have been sent to shareholders
and may be obtained free of charge from the Company c/o St James' Chambers,
Athol Street, Douglas, Isle of Man, IM1 1JE.


For more information please contact:

Dawnay, Day Carpathian PLC       Peter Klimt               020 7834 8060
                                 Paul Rogers






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