Holding(s) in Company

Announcement on final release of charge                    

Arsenal Holdings plc (the "Company") announces that it has today received
notification from Daniel Fiszman and Stan Kroenke (both of whom are directors
of the Company) that on 28 March 2011 Daniel Fiszman released from the charge
granted to him on 27 March 2009 by KSE, UK, Inc., a company controlled by Stan
Kroenke, the remaining 500 ordinary shares of £1 each in the capital of the
Company which were subject to the charge.

There is no change to the number of voting rights in the Company held by Daniel
Fiszman and Stan Kroenke as a result of the release of the charge. The number
of voting rights held therefore remain at 10,025 (16.1%) in the case of Daniel
Fiszman and 18,656 (29.9%) in the case of Stan Kroenke.

28th March 2011