Holding(s) in Company

Falkland Islands Holdings PLC
8 January 2003



Letter to RNS

FALKLAND ISLANDS HOLDINGS plc ('the company') 

DISCLOSURE ANNOUNCEMENT

The company today received the following notification dated 8th January 2003 
from Channel Hotels & Properties Limited that on 7th January 2003 they purchased
25,000 ordinary shares of 10pence in the Company. 

Channel Hotels & Properties Limited now hold 385,066 of the company's ordinary
shares of 10pence which representing 6.24% of the Company's issued share
capital.

Letter from Falkland Islands Holdings plc



Letter to Falkland Islands Holdings Plc

I am writing to advise you of an increase in the shareholding of Falkland 
Islands Holdings Plc, beneficially owned by Channel Hotels & Properties Ltd.
 
No. of shares bought                        25,000
% of issued class                           0.41%
Class of Security                           Ordinary shares of 10 pence each
Date of transaction                         7 January 2003
Total holding following notification        385,066 
Total % holding following notification      6.312%
 

Letter from Barrie Melvin
Director
Channel Hotels & Properties Ltd.



                      This information is provided by RNS
            The company news service from the London Stock Exchange