Holding(s) in Company

Dawnay, Day Carpathian PLC
19 March 2007






                           Dawnay, Day Carpathian Plc

                               Holding in Company



Dawnay, Day Carpathian PLC ('the Company'), announces that it has been informed
today that Bear, Stearns International Trading Limited holds 4,411,578 shares
representing 3.033% of the issued ordinary share capital of the Company.

                                    --ENDS--


Further information, please contact:

Cynthia Edwards                                 Tel: [phone]
IOMA Fund & Investment Management Ltd






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