Re: Holding in Company

Glanbia PLC
21 July 2004

Glanbia plc



21 July 2004



Re: Holding in Company





A letter from Bank of Ireland Securities Services Limited dated 21 July 2004 to
the Irish Stock Exchange, received by the Irish Stock Exchange on the 21 July
2004.



In Compliance with Section 91 of the Companies Act 1990, we hereby notify you
that, as at 20-Jul-2004, holdings on behalf of clients in our nominee name (Bank
of Ireland Nominees Limited), in the following listed companies on the Irish
Stock Exchange, have crossed the specified thresholds as laid out below.


Stock Name                Issued Share     Current Holding      Current %Holding     Threshold %Crossed
                          Capital
Glanbia Ord EUR0.06       292,644,184      29,017,047           9%                   10%









Risk & Compliance Unit

Bank of Ireland Securities Services



This announcement has been issued through the Companies Announcement Service of

                           The Irish Stock Exchange.






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