Director Announcement

Paddy Power plc
19 September 2005

19th September 2005

Paddy Power plc

Further to the announcement of 19 April 2005 notifying the appointment of
Patrick Kennedy to succeed John O'Reilly as Chief Executive, Paddy Power plc
announces that Mr. Kennedy today joins the Group in the position of Chief
Executive Designate. Following the retirement of Mr. O'Reilly from the position
of Chief Executive on 31 December 2005, Mr. Kennedy will take up the position of
Chief Executive on 1 January 2006.


Under the 2004 Long Term Incentive Plan, Patrick Kennedy, has today been
conditionally granted 70,000 ordinary shares. These shares will vest in 2008
subject to the achievement of the performance criteria as defined in the 2004
Long Term Incentive Plan. Under the terms of his contract with the Group a
further 80,000 shares will conditionally be granted to Mr. Kennedy in 2006 which
will vest in 2009 subject to the achievement of the performance criteria as
defined in the 2004 Long Term Incentive plan.


Mr Kennedy currently holds 3,000 shares in Paddy Power plc which represents
0.01% of the issued share capital of the company.





End


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