Holding(s) in Company

Ardana PLC
12 May 2006


LETTER TO: Ardana Plc
DATED: 11th May 2006


Section 198 Companies Act 1985

Pursuant to Section 198 of the Companies Act 1985 we write to inform you that as
at the close of its business on 10th May 2006, UBS AG, acting through its
business group and legal entities detailed below, had an interest in 2,378,298
Ordinary 1P shares of Ardana Plc, representing 4.28 per cent of the issued share
capital of the Company (55,562,806).

None of the Relevant Shares are shares in which UBS AG is interested by virtue 
of Section 208(5) of The Act.

UBS business group/legal entity                   Breakdown of position held (%)
UBS Global Asset Management Life Ltd              2,378,298 shares      4.28%

UBS AG - Total                                    2,378,298             4.28%
                                                   shares

FROM: UBS AG



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