Holding(s) in Company

Paddy Power plc
14 November 2002


Paddy Power Plc

14 November 2002

Re: Holding in Company

A letter from Bank of Ireland Securities Services Limited dated 14 November 2002
to the Irish Stock Exchange, received by the Irish Stock Exchange  on the 14
November 2002.

In Compliance with Section 91 of the Companies Act 1990, we hereby notify you
that, as at 13 Nov 2002, holdings on behalf of clients in our nominee name (Bank
of Ireland Nominees Limited), in the following listed companies on the Irish
Stock Exchange, have crossed the specified thresholds as laid out below.


Stock Name           Issued Share Capital  Current Holding      Current %Holding     Threshold %Crossed

Paddy Power          47,144,120            11,776,553           24%                  25%
Ord Eur0.10


Risk & Compliance Unit
Bank of Ireland Securities Services



This announcement has been issued through the Companies Announcement Service of
                           the Irish Stock Exchange.


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