Re: Holding in Company

Providence Resources PLC
10 May 2004









Providence Resources Plc



10 May 2004



Re: Holding in Company



A letter from Matheson Ormsby Prentice to the Irish Stock Exchange dated 07 May
2004, received by the Irish Stock on the 07 May 2004.











SIR ANTHONY O'REILLY

IRISH COMPANIES ACT 1990 - PART IV

NOTIFICATION OF INTEREST IN SHARES IN PROVIDENCE RESOURCES P.l.c.



We are duly authorised agents of the persons whose names are set out below under
the heading Notifying Parties.



Purpose of this Letter



In fulfilment of the obligation imposed by Section 67 of the Companies Act, 1990
to notify Providence Resources P.l.c. of the interest of the notifying parties
and the interest of persons with whom they may be considered to be acting
(within the meaning of Section 73 of the Companies Act 1990) in shares in
Providence Resources P.l.c.



In fulfilment of the obligation imposed by Section 91 of the Companies Act 1990
to notify the Irish Stock Exchange of the acquisition of interests in shares in
Providence; and



In fulfilment of any other obligation imposed by law or regulation to disclose
to the addressees of this letter any of the information contained in it.
















Notifying Party         Total number of ordinary     Number of shares in which       Registered Holders
                        shares in which interest     interest exists
                        exists
Sir Anthony O'Reilly    838,405,909                  7,422,459                       Sir Anthony O'Reilly
                                                     815,253,294                     Indexia Holdings Limited
                                                     954,450                         Vidicus Nominees
                                                     14,775,706                      Fitzwilton Limited
Indexia Holdings        815,253,294                                                  Indexia Holdings Limited
Limited



On behalf of Indexia Holdings Limited and Sir Anthony O'Reilly you are also
notified of an interest in 33,333,333 Warrants issued by the Company.



Yours faithfully







MATHESON ORMSBY PRENTICE







This announcement has been issued through the Companies Announcement Service of

                           the Irish Stock Exchange.


















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