Holding(s) in Company

Dawnay, Day Carpathian PLC
22 June 2007


                           Dawnay, Day Carpathian Plc

                               Holding in Company


Dawnay, Day Carpathian PLC ('the Company'), announces that it has been informed
today that Bear, Stearns International Trading Limited holds 4,350,857 shares
representing 1.897% of the issued ordinary share capital of the Company being
229,363,349 shares.

                                    --ENDS--


Further information, please contact:

Cynthia Edwards                                  Tel: [phone]
IOMA Fund & Investment Management Ltd



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