Director Shareholding

Glanbia PLC
11 March 2004


                       SCHEDULE 11

     NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED 
                        PERSONS


1)  NAME OF COMPANY

    GLANBIA PLC

2)  NAME OF DIRECTOR

    J.J. MOLONEY

3)  Please state whether notification indicates that it is in respect of
    holding of the shareholder named in 2 above or in respect of a
    non-beneficial interest or in the case of an individual holder
    if it is a holding of that person's spouse or children under the
    age of 18 or in respect of an non-beneficial interest

    JOINT A/C: DIRECTOR & SPOUSE

4)  Name of the registered holder(s) and, if more than one holder, the
    number of shares held by each of them. (If notified)

    TO BE REGISTERED IN THE JOINT NAMES OF
    JOHN J. MOLONEY AND
    JOAN MOLONEY

5)  Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)

     N/A

6)  Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary

     PURCHASE OF SHARES BENEFICIAL

7)  Number of shares/amount of
    stock acquired

    10,000

8)  Percentage of issued Class

     NEGLIGIBLE

9)  Number of shares/amount
    of stock disposed

    N/A

10) Percentage of issued Class

    NEGLIGIBLE

11) Class of security

     ORDINARY EURO  0.06

12) Price per share

    EURO 2.62

13) Date of transaction

    8 MARCH 2004

14) Date company informed

    11 MARCH 2004

15) Total holding following this notification

     70,000

16) Total percentage holding of issued class following this notification

     NEGLIGIBLE

     IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
                    COMPLETE THE FOLLOWING BOXES

17) Date of grant

    N/A

18) Period during which or date on which exercisable

   N/A

19) Total amount paid (if any) for grant of the option

   N/A

20) Description of shares or debentures involved: class, number.

    N/A

21) Exercise price (if fixed at time of grant) or indication that price
    is to be fixed at time of exercise

     N/A

22) Total number of shares or debentures over which options held
    following this notification

     N/A

23) Any additional information

     N/A

24) Name of contact and telephone number for queries

    JOHN ROCHE  [phone]

25) Name and signature of authorised company official responsible for
    making this notification

    Date of Notification     11 MARCH 2004                            



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