Holding(s) in Company

Falkland Islands Holdings PLC
02 April 2008



TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES


1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached:

Falkland Islands Holdings plc


2. Reason for the notification (please place an X inside the appropriate bracket
/s):


An acquisition or disposal of voting rights: ( )


An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached: ( )


An event changing the breakdown of voting rights: ( x )


Other (please specify) : ( )

.................


3. Full name of person(s) subject to the notification obligation:

Artemis Investment Management Limited


4. Full name of shareholder(s) (if different from 3.) :

Institutional UK Growth

Artemis UK Growth


5. Date of the transaction (and date on which the threshold is crossed or
reached if different):

26 March 2007


6. Date on which issuer notified:

27 March 2007


7. Threshold(s) that is/are crossed or reached:

12%


8. Notified details:


A: Voting rights attached to shares

Class/type of shares if possible using     Situation previous to the Triggering
the ISIN CODE                                          transaction
                                          Number of       Number of voting
                                          shares          Rights

GB0001861599                                  1,082,887              1,082,887

Resulting situation after the triggering transaction

Class/type of shares if     Number of    Number of voting      % of voting
possible using the ISIN     shares       rights                rights
CODE

                            Direct       Direct       Indirect Direct   Indirect

GB0001861599                 1,082,887    1,082,887             11.95%


B: Financial Instruments

Resulting situation after the triggering transaction

Type of     Expiration Exercise/     Number of voting rights that may   % of
financial   Date       Conversion    be acquired if the instrument is   voting
instrument             Period/ Date  exercised/ converted.              rights





Total (A+B)
Number of voting rights                      % of voting rights

     1,082,887                               11.95%


9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable :

.................


Proxy Voting:


10. Name of the proxy holder:

.................


11. Number of voting rights proxy holder will cease to hold:

.................


12. Date on which proxy holder will cease to hold voting rights:

.................


13. Additional information:

.................


14. Contact name:

Nicola Collins


15. Contact telephone number:

0131 718 0429



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