Holding(s) in Company

Paddy Power plc
2 July 2002

Date 2 July 2002



NOTIFICATION OF INTEREST IN PADDY POWER PLC

Paddy Power plc has received a notification today from Fidelity Management &
Research Company dated 25th June 2002, that Fidelity International Ltd. has a
total notifiable interest in 2,771,643 (5.88%) Ordinary shares in the issued
share capital of Paddy Power plc.

Yours sincerely

Charlie Kelly

Company Secretary



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