Holding in Company

McInerney Holdings PLC
2 March 2001


McInerney Holdings Plc

2 March 2001

Re: Holding In Company

A letter from McInerney Holdings Plc to the Irish Stock Exchange dated 2nd
March 2001, received by the Irish Stock Exchange 2nd March 2001.

This is to inform you that the company was notified yesterday of the
following:-

Bank of Ireland Asset Management Limited holds an interest of 1,889,679 shares
in the capital of the Company representing 5.9% of the issued capital.

Bank of Ireland Asset Management Limited did not previously have a notifiable
interest.

The Holding is registered in the name of Bank of Ireland Nominees Limited, on
behalf of a range of clients who are each the beneficial owner of a portion of
the shareholding.


Mark Shakespeare

Company Secretary

McInerney Holdings Plc