Holding(s) in Company

Falkland Islands Holdings PLC
22 February 2005


Letter to RNS

FALKLAND ISLANDS HOLDINGS PLC (The 'Company')
DISCLOSURE ANNOUNCEMENT

The Company has today received the below announcement dated 21st February 2005
from INVESCO English and International Trust Plc advising that following the
sale of 21,017 ordinary shares of 10 pence each in the Company, they are 
interested in 396,904 shares in the Company.  This interest represents 4.76% of
the Company's issued share capital.

Letter from Falkland Islands Holdings Plc.


Letter to Falkland Island Holdings PLC
Dated 21st February 2005


SECTION 198 COMPANIES ACT 1985 ('THE ACT')

We write in accordance with the above Act to advise you that following the sale
of 21,017 shares on 18th February 2005, this Company is the beneficial owner of
396,904 Ordinary Shares of 10p each in your Company, representing 4.76%*.
The shares are registered in the name of Chase Nominees Limited.

*Based on an issued share capital of 8,333,861


Letter from INVESCO English and International Trust plc






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