Holding(s) in Company

Churchill China PLC
20 May 2005


                       Churchill China plc ('the Company')

                                Holding in Company

In accordance with sections 198 to 202 of the Companies Act 1985, as amended,
the Company was advised on Thursday 19 May 2005 that Landfinance Limited had
purchased 350,000 ordinary shares of 10p each representing 3.2% of the issued
ordinary share capital of the Company on Wednesday 18 May 2005. Following this
purchase Landfinance Limited held 500,000 ordinary shares of 10p each,
representing approximately 4.6% of the issued ordinary share capital.

The Company was further advised on Friday 20 May 2005 that Landfinance Limited
had purchased a further 50,000 ordinary shares of 10p each representing 0.5% of
the issued ordinary share capital of the Company on Thursday 19 May 2005.
Following this purchase Landfinance Limited now hold 550,000 ordinary shares of
10p each, representing approximately 5.1% of the issued ordinary share capital.






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