Holding in Company

Glanbia PLC
10 June 2004

Glanbia Plc



10 June 2004



Re: Holding in Company



A Letter from Glanbia dated 10 June 2004 to the Irish Stock Exchange, received
by the Irish Stock Exchange 10 June 2004.









Name of company:    GLANBIA plc



AVS Security number:



Date of release:        10th June 2004







ANNOUNCEMENT



Glanbia plc wishes to advise that, pursuant to Sections 67 - 79 of the Companies
Act, 1990, that Bank of Ireland Asset Management Limited notified the Company by
letter dated 8th June 2004 and received on 10th June 2004 (copy attached).







For further information, please contact:



The Group Secretary

Glanbia plc

Glanbia House

Kilkenny





10th June 2004







ENDS





A Letter from Bank of Ireland Asset Management dated 8 June 2004 to Glanbia Plc.





Notification of Transaction in Shares of Public Limited Companies



I refer to Chapter 2 of Part IV of the Companies Act 1990 which requires
disclosure, by a person who acquires an interest in 5% or more of the issued
Share Capital of a public limited company, to that company of the holding.
Subsequent transactions which change the percentage holding by a whole number
must also be notified.



In this regard I am to notify you of the following holding (s):




No. of Shares Held                                   % of Issued Share Capital after transaction.
14,657,390                                           5%





Of these shares 14,270,3050 units are registered in the name of Bank of Ireland
Nominees Limited, 72,021 units are registered in the name of Nortrust Nominees,
129,783 units are registered in the name of Royal Bank of Scotland International
and 185,281 units are registered in the name of Citibank Nominees Ltd, as
registered owners only, on behalf of a range of clients who are each the
beneficial owner of a portion of the shareholding.



Richard Lynch

Compliance Advisor

Bank of Ireland Asset Management





This announcement has been issued through the Companies Announcement Service of

the Irish Stock Exchange.




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