Re: Holding in Company

Paddy Power plc
31 August 2004

Paddy Power plc



31 August 2004



Re: Holding in Company





Notification of Interest in Paddy Power Plc



Paddy Power plc has received a notification from Merrill Lynch Investment
Managers Ltd. dated 27 August 2004, that Merrill Lynch Investment Managers Ltd.
has a total notifiable interest in 3,759,334 (7.81%) Ordinary Shares in the
issued shares capital of Paddy Power plc.



Yours sincerely,



Nuala Hunt



Company Secretary






This announcement has been issued through the Companies Announcement Service of

The Irish Stock Exchange








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