Holding in Company

Kingspan Group PLC
29 December 2003

Kingspan Group plc



29 December 2003





Re: Holding in Company



A Letter from Fidelity Investments dated December 26, 2003 to Kingspan Group plc







ENCLOSED ARE AMENDED NOTIFICATIONS OF DISCLOSABLE INTERESTS UNDER THE IRISH
COMPANIES ACT1990. PLEASE NOTE THAT WHILE THIS INFORMATION DETAILS THE
DISCLOSABLE INTERESTS OF MORE THAN ONE ENTITY, THE ENCLOSED DISCLOSURE
CONSTITUTES SEPARATE NOTIFICATIONS OF INTEREST WHICH HAVE BEEN COMBINED SOLELY
FOR PURPOSES OF CLARITY AND EFFICIENCY. IT IS NOT INTENDED TO INDICATE THAT ANY
OF THESE ENTITIES ACT AS A GROUP OR IN CONCERT WITH RESPECT TO THESE INTERESTS.



THESE DISCLOSURES ARE MADE IN THE INTEREST OF CONFORMITY WITH THE COMPANIES ACT.
THE INTEREST DETAILED HEREIN WAS ACQUIRED SOLELY FOR INVESTMENT PURPOSES. FOR
DISCLOSURE PURPOSES, HOLDINGS SHOULD BE REPRESENTED AS FMR CORP. AND ITS DIRECT
AND INDIRECT SUBSIDIARIES AND FIDELITY INTERNATIONAL LIMITED (FIL) AND ITS
DIRECT AND INDIRECT SUBSIDIARIES BOTH BEING NON-BENEFICIAL HOLDERS.



Eleanor Chemlen

Sr. COMPLIANCE SPECIALIST

FEDELITY INVESTMENTS















AMENDMENT #1



NOTIFICATIONS UNDER SECTIONS  SECTION 67 - IRISH COMPANIES ACT





1. COMPANY IN WHICH SHARES ARE HELD:  Kingspan Group plc



2. NOTIFIABLE INTEREST: ORDINARY SHARES AND ADRs



   (A)    FMR CORP.

          82 DEVONSHIRE STREET

          BOSTON, MA 02109



PARENT HOLDING COMPANY OF FIDELITY MANAGEMENT & RESEARCH COMPANY (FMRCO),
INVESTMENT MANAGER OF US MUTUAL FUNDS AND FIDELITY MANAGEMENT TRUST COMPANY
(FMTC), A US STATE CHARTERES BANK WHICH ACTS AS A TRUSTEE OR INVESTMENT MANAGER
OF VARIOUS PENSION AND TRUST ACCOUNTS. (SEE SCHEDULE A FOR LISTING OF REGISTERED
SHAREHOLDERS AND THEIR HOLDINGS)



   (B)   FIDELITY INTERNATIONAL LIMITED (FIL)

         P.O. BOX HM 670

         HAMILTON HMCX, BERMUDA



PARENT HOLDING COMPANY FOR VARIOUS DIRECT AND INDIRECT SUBSIDIARIES,  INCLUDING
FIDELITY INVESTMENT SERVICES LTD. (FISL),INVESTMENT MANAGERS FOR VARIOUS NON-US
INVESTMENT COMPANIES AND INSTITUTIONAL CLIENTS.  (SEE SCHEDULE A FOR LISTING OF
REGISTERED SHAREHOLDERS AND THEIR HOLDINGS)





3. THE NOTIFIABLE INTERESTS ALSO COMPRISE THE NOTIFIABLE INTERST OF:

         MR. EDWARD C. JOHNSON 3d

          82 DEVONSHIRE STREET

          BOSTON, MA 02109



A principal shareholder and Chairman of FMR Corp. and Fidelity International
Limited.





4. THESE NOTIFICATIONS OF DISCLOSABLE INTERESTS CONSTITUTE SEPARATE
NOTIFICATIONS OF INTEREST IN THE SHARES AND ARE COMBINED SOLELY FOR THE PURPOSES
OF CLARITY. NOTHING HEREIN SHOULD BE TAKEN TO INDICATE THAT FMR CORP. AND ITS
DIRECT AND INDIRECT SUBSIDIARIES, FIDELITY INTERNATIONAL LIMITED AND ITS DIRECT
AND INDIRECT SUBSIDIARIES, OR MR, EDWARD C. JOHNSON 3d ACT AS A GROUP OR IN
CONCERT IN RESPECT OF THE DISCLOSED INTERESTS, OR THAT THEY ARE REQUIRED TO
SUBMIT THESE NOTIFICATIONS ON A JOINT BASIS.





5. THE DISCLOSABLE INTERESTS ARISE UNDER SECTION 67 OF THE ACT,

NAMELY WHERE A PERSON, NOT BEING THE REGISTERED HOLDER, IS ENTITLED TO EXERCISE
A RIGHT CONFERRED BY THE HOLDING OF THE SHARES OR TO CONTROL THE EXERCISE OF
SUCH RIGHTS, OR UNDER SECTION 203 OF THE ACT RESPECTIVELY.



NICHOLAS E. STECK

VICE PRESIDENT & COMPLIANCE OFFICER - FMR Co.

DULY AUTHORIZED UNDER POWERS OF

ATTORNEY DATED DECEMBER 5, 2003

BY ERIC D. ROITER BY ON BEHALF OF FMR CORP, AND ITS

DIRECT AND INDIRECT SUBSIDIARIES, AND

FIDELITY INTERNATIONAL LIMITED

AND ITS DIRECT AND INDIRECT SUBSIDIARIES,



Schedule A



SECURITY: KINGSPAN GROUP PLC




    (ORDINARY SHARES)          SHARES HELD          MANAGEMENT COMPANY        NOMINEE/REGISTERED NAME
                                3,375,000                  FMRCO                 ALLIED IRISH BANK
                                 357,537                   FMRCO                    MELLON BANK
                                1,400,000                  FMRCO                        HSBC
                                 225,000                   FMTC              STATE STREET BANK & TRUST
                                 163,700                    FIL                  ALLIED IRISH BANK
                                 907,800                    FIL                   MSS NOMINEES LTD
                                 214,700                    FIL                   BANK OF IRELAND
                                 244,300                    FIL                       CITIBANK
                                  87,100                    FIL             CHASE MANHATTAN BANK LONDON
                                6,219,905                   FIL             HSBC CLIENT HOLDINGS NOMINEE
                                                                                    (UK) LIMITED

Total Ordinary Shares +         13,195,042
ARD's:
    Current ownership             8.00%
       percentage:
    Shares in issue:           164,915,401
Change in holdings since    +141.200 ordinary
       last filing                shares





This announcement has been issued through the Companies Announcement Service of

                           the Irish Stock Exchange.










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