Director/PDMR Shareholding

Paddy Power plc
26 May 2006

                                  SCHEDULE 11

    Notification of Transactions of Directors/Persons Discharging Managerial
                      Responsibility and Connected Persons



 All relevant boxes should be completed in block capital letters


1  Name of the Issuer                                                 2  State whether the notification relates to:

   Paddy Power plc                                                        (i) a transaction notified in accordance with
                                                                         Market Abuse Rules; (ii) a disclosure made in
                                                                         accordance with section 53 (as extended by
                                                                         section 64 of the Companies Act 1990) or
                                                                         entered into the issuer's register in
                                                                         accordance with section 59 of the Companies
                                                                         Act 1990; or (iii) both (i) and (ii).
                                                                         2 (iii)

3  Name of person discharging managerial responsibilities/director    4  State whether notification relates to a person
                                                                         connected with a person discharging managerial
   Breon Corcoran                                                        responsibilities/director named in 3 and
                                                                         identify the connected person

5  Indicate whether the notification is in respect of a holding of    6  Description of shares (including class)
   the person referred to in 3 or 4 above or in respect of a             debentures or derivatives or financial
   non-beneficial interest                                               instruments relating to shares

                                                                         (i) Ordinary shares
                                                                         (ii) Ordinary shares

7  Name or registered shareholder(s) and, if more than one, number of 8  State the nature of the transaction
   shares held by each of them                                           Notification is in respect of a conditional
                                                                         grant of 50,000 shares made on 25th May 2006
                                                                         to the person referred to in 3 above. These
                                                                         shares will vest in 2009 subject to the
                                                                         achievement of the performance criteria as
                                                                         defined in the Paddy Power plc 2004 Long Term
                                                                         Incentive Plan.


9  Number of shares, debentures or financial instruments relating to  10 Percentage of issued class acquired (treasury
   shares acquired                                                       shares of that class should not be taken into
                                                                         account when calculating  percentage)

11 Number of shares, debentures or financial instruments relating to  12 Percentage of issued class disposed (treasury
   shares disposed                                                       shares of that class should not be taken into
                                                                         account when calculating  percentage)
13 Price per share or value of transaction                            14 Date and place of transaction

15 Total holding following notification and total percentage holding  16 Date issuer informed of transaction

   following notification (any treasury shares should not be taken
   into account when calculating percentage)
   Breon Corcoran holds 70,448 ordinary shares of €0.10 each             25 May 2006
   representing 0.14% of the issued share capital of the Company.
   Under the Paddy Power plc Sharesave Scheme. Breon Corcoran holds
   options over 1,020 shares at an option price of Euro11.60 which
   are exercisable from 6 October 2008 on completion of a savings
   contract. Under the Paddy Power plc November 2000 Share Option
   Scheme, Breon Corcoran holds options over 20,000 shares at an
   option price of Euro8.15 which are exercisable from 24 February
   2007. Under the Paddy Power plc 2004 Long term incentive plan
   Breon Corcoran also holds conditional awards of 180,000 shares,
   30,000 of which will vest in 2007 and 65,000 of which will vest in
   2008 and 85,000 of which will vest in 2009, subject to the
   achievement of the performance criteria as defined in the 2004
   Paddy Power plc Long Term Incentive Plan.


If a person discharging managerial responsibilities has been granted options by
the issuer, complete the following boxes:


17 Date of grant                                                 18 Period during which or date on which it can be
                                                                    exercised
19 Total amount paid (if any) for grant of the option            20 Description of shares or debentures involved (class
                                                                    and number)

21 Exercise price (if fixed at time of grant) or indication that 22 Total number of shares or debentures over which
   the price is to be fixed at the time of exercise                 options are held following notification

23 Any additional information                                    24 Name of contact and telephone number for queries
                                                                    Nuala Hunt, Company Secretary
                                                                    353-1-404-5927








Name and signature of authorised officer of issuer responsible for making notification

____________________________________________________

Date of notification ___________________________________




Notes: This form is intended for use by an issuer to make a RIS notification
required by (the Market Abuse Rules1 and) section 53 (as extended by section 64
of the Companies Act 1990) or entered into the issuer's register in accordance
with section 59 of the Companies Act 1990.



(1) An issuer making a notification in respect of a transaction relating to the
shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.



(2) An issuer making a notification in respect of a derivative relating to the
shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.



(3) An issuer making a notification in respect of options granted to a director/
person discharging managerial responsibilities should complete boxes 1 to 3 and
17 to 24



(4) An issuer making a notification in respect of a financial instrument
relating to the shares of the issuer (other than a debenture) should complete
the boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.



1 Please note that the requirement to make a notification under the Market Abuse
Rules does not apply until 1 October 2005. Schedule 11 may be subject to
amendment prior to 1 October 2005 to bring it in line with the Financial
Regulator's 'Notification of Transactions of Directors/Persons Discharging
Managerial Responsibility and Connected Persons' under the Market Abuse
Disclosure Rules.







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