Holding(s) in Company

Dawnay, Day Carpathian PLC
19 August 2005


19 August 2005

                           Dawnay Day Carpathian PLC

Dawnay, Day Carpathian PLC have been advised that, as of close of business on 16
August 2005, Bear Stearns International Trading Limited no longer has a
notifiable interest in the ordinary shares of Dawnay, Day Carpathian PLC. Bear
Stearns' previous holding represented 3.57% or 5,000,000 ordinary shares.




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