Resignation Finance Director

Paddy Power plc
06 December 2005

        Paddy Power plc Announces Resignation of Group Finance Director


The Board of Paddy Power plc announces that Group Finance Director, Ross Ivers
has tendered his resignation. He will step down from the Board with immediate
effect and will leave the company at the end of January 2006. A process has
commenced to appoint his successor.


Paying tribute to Mr Ivers, the Chairman of Paddy Power, Fintan Drury said: '
Ross has played a significant role in the successful development of Paddy Power
since he joined us in 2001. We greatly appreciate his contribution to Paddy
Power and wish him well in his future career.'


                                      Ends



Tuesday, December 6th, 2005.


For reference:



John O'Reilly                              Patrick Kennedy
Chief Executive                            Chief Executive Designate
Tel: + 353 1 404 5912                      Tel: + 353 1 404 5912


Billy Murphy/ Oonagh Daly                  David Bick / Trevor Phillips
Drury Communications                       Holborn
Tel: + 353 1 260 5000                      Tel: + 44 207 929 5599
Mobile: + 353 87 855 4406






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